"CALL FOR OFFER" Discover an exceptional value-add opportunity with The Point Hotel, a 70-key independent limited-service hotel strategically positioned in Northeast Memphis along the vibrant I-40 corridor. Originally built in 2000 as a Sleep Inn and later converted to a Quality Inn, this property was deflagged in January 2026, providing ultimate flexibility for a new owner to select their preferred franchise—such as Wyndham, Choice Hotels, Sonesta, or G6 Hospitality—with potential incentives available. Spanning 21,012 square feet on a 1.23-acre lot, the three-story hotel features interior corridors, an indoor pool, elevator, fitness center, business center, complimentary breakfast area, and ample outdoor parking, all renovated in 2016 for modern appeal and operational efficiency. Located at 2855 Old Austin Peay Highway, Memphis, TN 38128, the hotel benefits from prime accessibility, just minutes from Downtown Memphis (15 min), Memphis International Airport (20 min), and major highways like I-240 and I-55. Surrounded by a commercial strip offering retail, dining, and essentials—including Walmart Supercenter, McDonald’s, and gas stations like Marathon and Exxon—this gated property ensures guest convenience and safety. Demand drivers abound in the Memphis MSA, a logistics powerhouse anchored by FedEx’s global hub (18 miles away), alongside healthcare leaders like St. Jude Children’s Research Hospital, educational institutions such as the University of Memphis (10 miles), and attractions like Shelby Farms Park (4 miles), FedExForum (15 miles), and Memphis in May events that generate over $149 million in annual economic impact. Financially, the property demonstrates strong potential: 2025 STR data shows 65.44% occupancy, $54.99 ADR, and $35.98 RevPAR, with historical room revenues of $1,291,145 (2023), $1,119,634 (2024), and $924,592 (2025). Adjusted Net Operating Income for 2024 reached $267,460 after add-backs, highlighting upside through franchising, targeted renovations, revenue management, and cost optimizations in a demand-rich submarket. Currently operated with full staff for an absentee owner anxious to sell, this unpriced offering invites competitive bids from qualified buyers with hospitality experience and proof of funds. Ideal for owner-operators seeking a balance of business and lifestyle, The Point Hotel promises significant growth in a market driven by commercial, leisure, and logistics travelers. Contact Suresh Patel at 901-674-6105 to schedule a tour—do not disturb hotel staff or ownership.