for sale
Comfort Inn & Suites (Airport-American Way)
4225 American Way | Memphis, TN 38118
Investment Highlights
- Prime location off I-240 with high visibility and easy access
- 10 minutes from Memphis International Airport
- Opportunity to convert to residential housing
- Strong demand drivers: Corporate travelers, airport guests, and tourists
- Revenue growth potential through marketing & operational efficiencies
- Recently renovated in 2023, offering a turnkey asset with minimal, if any, remaining PIP obligations
Property Description
NewGen Advisory is pleased to offer for sale the Comfort Inn & Suites (Airport-American Way) – Memphis, a 109-room, three-story, interior-corridor hotel ideally situated off I-240, just 10 minutes from Memphis International Airport. The hotel benefits from consistent demand drivers, including corporate travel, airport traffic, and visitors to Memphis’ world-renowned attractions like Graceland and the city’s iconic music scene.
The Comfort Inn & Suites (Airport-American Way) presents a compelling opportunity for an owner-operator to step in, tighten operations, and grow revenue. A new owner can immediately implement hands-on strategies to maximize performance and capture untapped upside in a highly visible Memphis location.
Location Description
Memphis, Tennessee, is a vibrant city known for its rich musical heritage, particularly as the birthplace of blues, soul, and rock ‘n’ roll. It’s home to legendary landmarks like Graceland, the National Civil Rights Museum, and Beale Street, a bustling entertainment district. Situated on the Mississippi River, Memphis blends southern charm with a deep cultural history, making it a dynamic destination for music lovers, history enthusiasts, and those looking to experience the heart of Tennessee.
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Click the “Complete Confidentiality Agreement” button below to access the due diligence files. After you submit the CA form, you will receive an automated email with links to the due diligence files and offering memorandum.
Amiti Bhow
Vice President
AZ #SA704817000
(917) 596-6578
abhow@newgenadv.com
Roshan Bhula
Associate
NC #321676
(704) 904-0480
rbhula@newgenadv.com
BROKER OF RECORD
Samuel J. Zalowitz
Zalowitz Commercial Realty
TN #54174