Property Description
NewGen Advisory is pleased to offer the Comfort Inn & Suites – Memphis, a 109-room, three-story, interior-corridor hotel ideally situated off I-240, just 10 minutes from Memphis International Airport. The hotel benefits from consistent demand drivers, including corporate travel, airport traffic, and visitors to Memphis’ world-renowned attractions like Graceland and the city’s iconic music scene.
Currently operated by third-party management, the property presents a compelling opportunity for an owner-operator to step in, tighten operations, and grow revenue. A new owner can immediately implement hands-on strategies to maximize performance and capture untapped upside in a highly visible Memphis location.
Location Description
Memphis, Tennessee, is a vibrant city known for its rich musical heritage, particularly as the birthplace of blues, soul, and rock 'n' roll. It’s home to legendary landmarks like Graceland, the National Civil Rights Museum, and Beale Street, a bustling entertainment district. Situated on the Mississippi River, Memphis blends southern charm with a deep cultural history, making it a dynamic destination for music lovers, history enthusiasts, and those looking to experience the heart of Tennessee.