6045 Macon Cv - Hospitality FOR SALE


Memphis, TN 38134
$2,000,000 USD
901-826-8712
6045 Macon Cv, Memphis, TN for Sale
$2,000,000 USD
Hospitality - FOR SALE
1/5
null | Request Cap Rate

6045 Macon Cv
Memphis, TN 38134


HIGHLIGHTS

  • Larger-Than-Average Unit Sizes
  • Well-Maintained Asset
  • Strong Interstate Access and Visibility

OVERVIEW

Now available: a well-maintained 40-unit motel located at 6045 Macon Cove in Memphis, Tennessee. This property features spacious all-suite units, offering larger-than-average room sizes that appeal to extended-stay and value-oriented travelers alike. The property has undergone updates and has been consistently maintained, creating a clean and attractive environment for guests while minimizing deferred maintenance concerns for a new owner. Strategically positioned just off the interstate, the location provides excellent accessibility and visibility, making it convenient for both local and traveling clientele. The Macon Cove corridor offers strong connectivity to major employment centers, retail corridors, and key Memphis destinations. This is an opportunity to acquire a stabilized hospitality asset with updated interiors, efficient suite layouts, and strong access fundamentals in a well-trafficked area of Memphis. For financials and additional information, please call Dylan Patel 901 826 8712

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$50 USD /SF

# OF ROOMS

37

PRICE/ROOM

$54,054 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Econo Lodge Inn & Suites Memphis East

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1994

PARKING SPACES

38

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,394 SF

ZONING

EMP

APN/PARCEL ID

08-9014-0-0119

ASK ABOUT THIS PROPERTY

Dylan PatelGrand Point RealtyMore Info
901-826-8712

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Dylan PatelGrand Point RealtyMore Info
901-826-8712

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.