765 Highway 51 S - Hospitality FOR SALE


Ripley, TN 38063
$1,300,000 USD
901-674-6105
765 Highway 51 S, Ripley, TN for Sale
$1,300,000 USD
Hospitality - FOR SALE
1/8
null | Request Cap Rate

765 Highway 51 S
Ripley, TN 38063


HIGHLIGHTS

  • Franchise conversion ready (PIPs for ABVI by Sonesta or Super 8 by Wyndham) for strong ADR/RevPAR upside
  • Recent $200K+ capital improvements (new roof, full guestroom renovations, tankless heaters)
  • Prime U.S. Highway 51 frontage with high visibility (18,000+ daily vehicles)
  • Heated indoor saltwater pool – rare amenity boosting year-round guest appeal
  • Free WiFi throughout property + ample free on-site parking
  • On-site hot tub for added relaxation and competitive edge

OVERVIEW

Heritage Inn & Suites | Ripley, TN Price Reduced to $1,300,000 | 39 Keys | Value-Add Opportunity Well-positioned 39-key independent hotel (2 keys used as manager’s apartment) on high-visibility U.S. Highway 51 in Ripley, TN. Now offered at a reduced price of $1,300,000, this asset offers strong revenue momentum, recent capital improvements, and clear upside through brand conversion. Investment Highlights Strong Revenue Growth — YTD May 2026 room revenue of $161,334, up 30.5% vs. same period in 2025. 2025 full-year revenue: $295,413 with $64.66 ADR High-Margin Operations — Historical NOI margins above 50% with efficient 39-room layout and low operating complexity Recent Capital Improvements — ~$200K invested (2022–2024) including new roof, tankless water heaters, guestroom renovations, hallway carpets, paint, and exterior work — minimizing near-term capex Differentiated Amenity — Heated indoor saltwater pool (rare in economy segment) plus owned soda/ice vending machines for ancillary income Prime Highway Location — Direct US 51 frontage with 18,000+ daily vehicles; ~45 minutes to Ford BlueOval City and 55 miles to Memphis Brand Conversion Opportunity Strong candidate for conversion to either America’s Best Value Inn by Sonesta (ABVI) or Super 8 by Wyndham. PIP available for Super 8 (key money being offered on select deals). Both brands provide enhanced distribution, loyalty programs, and marketing support with potential for RevPAR uplift. Demand Drivers Local industrial employers (Komatsu, TVA Lagoon Creek), Fort Pillow State Park, Alex Haley Museum, Lauderdale County Tomato Festival, and regional spillover from BlueOval City construction and operations. Ideal for owner-operators or investors seeking a high-margin asset with operational and brand upside. Financing available

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$69 USD /SF

# OF ROOMS

39

PRICE/ROOM

$33,333 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Heritage Inn & Suites

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

2000

PARKING SPACES

43

LAND DETAILS

LAND ACRES

1.03 AC

LAND SF

44,867 SF

ZONING

B2

APN/PARCEL ID

094-027.14

ASK ABOUT THIS PROPERTY

Suresh PatelMoon Realty USA, LLCMore Info
901-674-6105

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Suresh PatelMoon Realty USA, LLCMore Info
901-674-6105

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