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Covington, TN Hotels 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 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.

Downtown Memphis Redevelopment Opportunity
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Downtown Memphis Redevelopment Opportunity

52,684 SF building in vibrant downtown location.

122 S Main St, Memphis, TN 38103
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Memphis Extended Stay Hotel
$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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Hilton Garden Inn Olive Branch
Contact for pricing
3.98 Acres

Hilton Garden Inn Olive Branch

121-Room Hotel, Memphis Submarket

7890 Craft-Goodman Rd, Olive Branch, MS 38654
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Luxury Olive Branch Hotel Investment
Contact for pricing
3.97 Acres

Luxury Olive Branch Hotel Investment

95-Room Marriott Suites Hotel in MS

7840 Craft-Goodman Rd, Olive Branch, MS 38654
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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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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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