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Covington, TN Hospitality Properties for Sale

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Economy Hotel Tennessee Portfolio
$2,900,000
149,512 SF

Economy Hotel Tennessee Portfolio

112 US-51, Covington, TN 38019

Two unencumbered economy hotels in Tennessee, totaling 175 guestrooms.

  • Discount to Replacement Cost: Offered at a substantial discount.
  • Unencumbered of Debt & Management: Allows for fresh capital and operational retooling.
  • Regionally Concentrated Portfolio: Two hotels located in Tennessee.
  • Economy Hotel Portfolio: Addresses a specific market segment.
  • Independent Brand: Offers branding and management flexibility.
Updated: Jan 27, 2024
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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 1 Active listings in Covington, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 7 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

143-Room Hotel Near Interstates
Contact for pricing

143-Room Hotel Near Interstates

Five-story hotel with proposed amenities near major interstates.

1599 N 6th St, West Memphis, AR 72301
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Madison Avenue Development Site
Contact for pricing
129,612 SF

Madison Avenue Development Site

Development site in the heart of Midtown Memphis.

2040 Madison Ave, Memphis, TN 38104
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70-Key Hotel in Metro Memphis
Contact for pricing
21,012 SF

70-Key Hotel in Metro Memphis

Independent hotel with value-add potential in the Northeast I-40 corridor.

2855 Old Austin Peay Hwy, Memphis, TN 38128
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Dual-Branded Hotel in West Memphis
Contact for pricing
71,013 SF

Dual-Branded Hotel in West Memphis

Newly opened 143-room Avid-Candlewood Suites by IHG.

1599 N 6th St, West Memphis, AR 72301
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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Covington Land For Sale
Contact for pricing
0.14 Acres

Covington Land For Sale

Commercial land available in Covington, Tennessee.

0 N MUNFORD, Covington, TN 38019
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Covington Land For Sale
Contact for pricing
0.12 Acres

Covington Land For Sale

Commercial land available in Covington, Tennessee.

0 N MUNFORD, Covington, TN 38019
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Commercial Land in Growing Area
$450,000
2.75 Acres

Commercial Land in Growing Area

Commercial land available in a growing area near amenities.

0 HWY 51, Covington, TN 38019
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Covington Land For New Business
$375,000
2.85 Acres

Covington Land For New Business

2.85 acres of vacant land perfect for new business.

513 GARLAND, Covington, TN 38019
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Explore Off-Market Properties in Covington, TN

Consider similar Off-Market properties in Covington, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

112 Hwy 51st N

112 Hwy 51st N

MOTEL • 14,638 SF
Value Estimation
$605,000
112 Hwy 51st N, Covington, TN 38019-2359
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120 Deena Cv

120 Deena Cv

MOTEL • 46,398 SF
Value Estimation
$2,025,000
120 Deena Cv, Covington, TN 38019-1711
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1007 Hwy 51st N

1007 Hwy 51st N

MOTEL • 20,772 SF
Value Estimation
$1,000,000
1007 Hwy 51st N, Covington, TN 38019-6000
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873 Hwy 51st N

873 Hwy 51st N

MOTEL • 13,437 SF
Value Estimation
$645,000
873 Hwy 51st N, Covington, TN 38019-1701
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112 Us-51

112 Us-51

Motels • 149,512 SF
Value Estimation by Request
112 Us-51, Covington, TN 38019
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901 Hwy 51st N

901 Hwy 51st N

MOTEL • 21,840 SF
Value Estimation
$1,050,000
901 Hwy 51st N, Covington, TN 38019-1702
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80 Deena Cv

80 Deena Cv

MOTEL • 22,455 SF
Value Estimation
$1,100,000
80 Deena Cv, Covington, TN 38019-1711
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Covington, TN Hospitality Properties Investment Opportunities Market Analysis

Explore 8 hospitality properties for sale in Covington, TN on our real estate platform. These investment opportunities span a total of 291,252 square feet of properties for sale, with an estimated market value of $2,540,000.

Sale prices for hospitality properties in Covington, TN start at $320,000, averaging $508,000, and reaching up to $605,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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