Covington, TN Hotels for Sale

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.

Last Update: Dec 11, 2024

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Covington, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

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Millington Mixed-Use Development Opportunity

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

Navy Rd, Millington, TN 38053

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$1,200,000

7.00 Acres

Millington Commercial Land For Sale

Commercial land suitable for gas station, retail, or hotel development.

7288 Us Highway 51, Millington, TN 38053

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Contact for pricing

Downtown Memphis Redevelopment Opportunity

52,684 SF building in vibrant downtown location.

122 S Main St, Memphis, TN 38103

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$5,850,000

2.21 Acres

Memphis Extended Stay Hotel

120-key hotel, high occupancy, great potential.

4300 American Way, Memphis, TN 38118

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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

Motels • 149,512 SF

Value Estimation by Request

112 Us-51, Covington, TN 38019

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Covington, TN Hotels Investment Opportunities Market Analysis

Explore 2 hotels for sale in Covington, TN on our real estate platform. These investment opportunities span a total of 223,898 square feet of properties for sale, with an estimated market value of $3,700,000.

Prices for resorts in Covington, TN start at $3,700,000, averaging $3,700,000, 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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Covington, TN Hotels for Sale

Tennessee Hotel Portfolio: Value-Add Opportunity

175 Rooms, Two Locations, High ROI Potential

Explore Opportunities in Nearby Cities