Hotels for Sale

Courtyard by Marriott Germantown, TN

Address:
Tennessee
Description:
  • Fee-simple interest in the 93-room, institutionally-owned and third-party managed Courtyard Memphis Germantown offered at a fraction of replacement cost
  • Property offered for individual sale in the November 20th Ten-X auction event as part of a larger institutional portfolio sale
  • Offered unencumbered of management or debt with the ability to retain the Marriott flag with a new long-term license agreement
  • Adjacent to Interstate 177 with upwards of 47,000 vehicles passing the location daily and readily accessible to heavily trafficked I-269 and I-240 corridors
  • Approximately five miles from FedEx World Headquarters, the single largest employer in the entire Memphis MSA; currently employs ~30,000 people regionally
  • Ideally situated in the heart of the Memphis MSA and proximate to all key regional demand drivers including Beale Street, Graceland, and Memphis International Airport (with 5.4% passenger growth and 3.1% cargo growth in 2018)

Listing Agents

Subu Thiagarajan
T: 510.205.7931
Email
BRE #01891134

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