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    Memphis Hotel with Kitchenettes Title is generated by Realmo AI

    4300 American Way, Memphis, TN 38118

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    Hotel with kitchenettes, high occupancy, and franchise conversion potential.

    Type:Hospitality
    Added:
    Sep 22, 2024
    Days on Market:
    618
    Last Refresh:
    May 12 at 8:53 pm

    Property Features for 4300 American Way

    General Information

    Standard status
    Active
    Property subtype
    Hospitality

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    Listing Contact
    Raiyan Rab

    Listing agent Raiyan Rab License #000117230 - 0 - AL

    Listing office Numarix

    Listing date Sep 22, 2024

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Numarix

    HighLights

    • High occupancy hotel offering immediate income, with no brand affiliation.
    • Kitchenettes in every suite with microwave, two‑burner stove, and refrigerator, ideal for extended stays.
    • New roof installed in May 2018 with warranty.
    • Excellent location near I‑240 and I‑40, and Memphis International Airport (3.7 miles).
    • Upside potential for an owner‑operator.
    • Close to business parks and industrial areas, including FedEx Headquarters (13 miles).

    Overview

    This hotel, operating at high occupancy without major brand affiliation, features kitchenettes equipped with a microwave, two-burner stovetop, and refrigerator. The property provides amenities such as 24-hour security, a guest laundry room, and complimentary high-speed internet. Several national franchise conversion brands are available, presenting an opportunity for an owner-operator. A new roof with a warranty was installed in May 2018. The hotel is located in close proximity to demand generators. Nearby attractions include the Stax Museum of American Soul Music (7 miles), Brown Park (8 miles), and Sun Studio (8 miles). Memphis International Airport is situated 3.7 miles from the property. The hotel is conveniently located near Interstate I-240, providing easy access to major routes in and out of Memphis, and close to Interstate 40, connecting to the broader region. Additional nearby attractions include the Pink Palace Museum (4.1 miles), Memphis Museum (4.2 miles), Elvis Presley's Graceland (6 miles), Memphis Brooks Museum of Art (6 miles), Liberty Bowl Memorial Stadium (6 miles), Graceland (8 miles), and the Memphis Zoo (8 miles). The property is less than a mile from American Way and 10 miles from Southland Mall. FedEx Headquarters is 13 miles away. The hotel is easily accessible by public transit, with bus stops located within walking distance. Regional One Health is 9 miles away, while Beale Street is 10 miles and the National Civil Rights Museum is 12 miles away.
    Property Profile Location Intelligence

    Current Use by Public Records

    Memphis Extended Stay ... Hotel & Motel LibertyX Bitcoin ATM Atm

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.9199413
    Latitude
    35.0752466

    FAQs

    What type of property is this?
    Hotel - Hotel with kitchenettes, high occupancy, and franchise conversion potential.
    Where is this hotel located?
    The property is located at 4300 American Way Memphis, TN.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: High occupancy hotel offering immediate income, with no brand affiliation.; **Kitchenettes in every suite** with microwave, two‑burner stove, and refrigerator, ideal for extended stays.; New roof installed in May 2018 with warranty.
    More about this property
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