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Covington, TN Hospitality Properties for Sale

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Tennessee Hotel Portfolio: Value-Add Opportunity
$3,700,000
149,512 SF

Tennessee Hotel Portfolio: Value-Add Opportunity

112 Us-51, Covington, TN 38019

175 Rooms, Two Locations, High ROI Potential

  • Two Memphis & North Covington economy hotels.
  • Two independent economy hotels.
  • 175 total guest rooms.
  • Free and clear of debt and management contracts.
  • Fee simple ownership.
Updated: Dec 11, 2024
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Based on your search, we've compiled 12 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

Explore Opportunities in Nearby Cities

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

Millington Multi-Tenant Hospitality Property
$2,000,000
2.27 Acres

Millington Multi-Tenant Hospitality Property

High-Yield Retail Investment Opportunity in Tennessee

6347 Navy Rd, Millington, TN 38053
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Millington Mixed-Use Development Opportunity
Contact for pricing

Millington Mixed-Use Development Opportunity

Proposed mixed-use development with retail, hotel, and office opportunities.

Navy Rd, Millington, TN 38053
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Esplanade Event Center: Memphis, TN
$4,200,000
31,720 SF

Esplanade Event Center: Memphis, TN

Prime Event Center, High Parking Ratio, Flexible Use

901 Cordova Sta Ave, Memphis, TN 38018
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Midtown Memphis Mixed-Use Gem
Contact for pricing
6,688 SF

Midtown Memphis Mixed-Use Gem

Historic building, versatile spaces, high income potential.

199 Summitt St, Memphis, TN 38104
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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 Us-51

112 Us-51

Motels • 149,512 SF
Value Estimation by Request
112 Us-51, Covington, TN 38019
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1007 Hwy 51st N

1007 Hwy 51st N

MOTEL • 20,772 SF
Value Estimation
$505,000
1007 Hwy 51st N, Covington, TN 38019-6000
View details
112 Hwy 51st N

112 Hwy 51st N

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

80 Deena Cv

MOTEL • 22,455 SF
Value Estimation
$580,000
80 Deena Cv, Covington, TN 38019-1711
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120 Deena Cv

120 Deena Cv

MOTEL • 46,398 SF
Value Estimation
$710,000
120 Deena Cv, Covington, TN 38019-1711
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873 Hwy 51st N

873 Hwy 51st N

MOTEL • 13,437 SF
Value Estimation
$320,000
873 Hwy 51st N, Covington, TN 38019-1701
View details
901 Hwy 51st N

901 Hwy 51st N

MOTEL • 21,840 SF
Value Estimation
$530,000
901 Hwy 51st N, Covington, TN 38019-1702
View details

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 515,150 square feet of properties for sale, with an estimated market value of $6,240,000.

Prices for hospitality properties in Covington, TN start at $320,000, averaging $1,040,000, and reaching up to $3,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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