Advertise
    Covington, TN
    Hotel

    Covington, TN Hotels for Sale

    Notify Me
    List
    Map
    Mason, TN Henning, TN Brighton, TN Ripley, TN Burlison, TN Atoka, TN Stanton, TN Munford, TN
    Economy Hotel Tennessee Portfolio
    Updated: Jan 27, 2024
    Economy Hotel Tennessee Portfolio

    112 US-51, Covington, TN 38019

    Contact for pricing
    149,512 sqft
    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.
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 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, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    105-Key Quality Inn Hotel
    105-Key Quality Inn Hotel

    1520 E Main St, Blytheville, AR 72315

    $2,150,000
    5.00 AC lot

    Established hotel property with reinforced concrete construction and a substantial commercial site along I-55.

    View details
    Historic Hospitality Property
    Historic Hospitality Property

    756 Jefferson Avenue, Memphis, TN 38105

    Contact for pricing
    10,611 sqft

    Built in 1890, this Memphis property offers a documented history and boutique hotel repositioning plan.

    View details
    Hampton Inn Hotel
    Hampton Inn Hotel

    301 N Service Rd, Blytheville, AR 72315

    Contact for pricing
    31,796 sqft

    Reinforced concrete hotel completed in 2012 and updated through a Forever Young PIP completed in 2025.

    View details
    140-Room Homewood Suites Hotel
    140-Room Homewood Suites Hotel

    5811 Poplar Ave, Memphis, TN 38119

    Contact for pricing

    Fee-simple lodging asset with current Hilton brand management and access to major Memphis employment and hospitality demand centers.

    View details

    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.

    Osceola Commercial Land For Sale
    Osceola Commercial Land For Sale

    State Hwy 140, Osceola, AR 72370

    $500,000
    3.48 AC lot

    Highly visible open tract near I-55 interchange in Osceola.

    View details

    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

    112 Us-51, Covington, TN 38019

    Value Estimation by Request
    149,512 sqft 5.14 AC lot
    View details

    Covington, TN Hotels Market Trends and Statistics

    Explore 2 hotels for sale in Covington, TN on our real estate platform. These investment opportunities span a total of 149,512 square feet of properties for sale.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Hotels 1

    Demographics Overview

    Population 16K
    Population Growth (5Y) -1.5%
    Median Household Income $59,957
    College Educated 20.2%

    Taxes & Financing

    Tax Rate (average for all types) 2.97%
    Property Tax per SF $59.62 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Tipton County

    New Delisted

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Covington, TN

    Popular Categories

    Most Searched ZIP Codes in Covington, TN

    • 38019

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!