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Property profile & analytics
OFF-MARKET Estimated value $2,530,000
Hotels

4068 Stansell Ct Memphis, TN 38125-2871

50,376 SF 2.45 ac lot Built 2003
Entity Owned 10-yr Hold Free & Clear
Property ID
US80-0573467
Property summary
AI-generated overview

This exceptional investment opportunity presents a newly renovated 89-key Holiday Inn Express & Suites hotel, ideally situated in Memphis, Tennessee's thriving Southwind neighborhood. The three-story property boasts a substantial 33,584 square feet of space, comfortably nestled on a 2.44-acre lot. Built in 2003, this hotel has recently undergone a complete renovation, ensuring modern amenities and optimal guest experience. Its prime location along Bill Morris Parkway, conveniently positioned between Interstates 240 and 269, and just off Highway 385, provides unparalleled access to major transportation arteries. The hotel's proximity to FedEx International Headquarters and the Southwind corporate area guarantees a consistent stream of business travelers. Furthermore, the property offers a range of attractive amenities designed to enhance guest satisfaction, including an outdoor pool, a well-equipped fitness center, a dedicated meeting room, and a convenient business center. This institutional-grade investment presents a compelling opportunity for discerning buyers seeking a high-return hospitality asset in a dynamic market. The property's strong location, recent renovations, and established brand recognition combine to create a truly exceptional investment prospect. This turnkey operation is ready for immediate income generation. The hotel's 89 rooms provide ample capacity to cater to a diverse range of guests, ensuring consistent occupancy rates. Located at 4068 Stansell Ct, Memphis, TN 38125, this property is ready for a new owner to capitalize on its potential.

Property profile
Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 2003
Total area 50,376 SF
Lot 2.45 ac (106,722 SF)
Zoning code CA
APN D02-42 - - -00360
UPID US80-0573467
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Downtown memphis tn Hotel & Motel
  • Holiday Inn Express & Suites Memphis Southwind, an IHG Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.32M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.53M
Owner & transaction history
Royal Living Memphis LLC · 10 yrs held
Royal Living Memphis LLC
since 2016
3 recorded transactions
2017
Price N/A
2016
$5.0M
1969
Price N/A
Zoning & alternative use
CA · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $4.2M +21.9%
Neighborhood: shopping center $3.7M +7.8%
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