for sale
Fairfield Inn & Suites (Memphis I-240 & Perkins)
4760 Showcase Blvd | Memphis, TN 38118
Investment Highlights
- 86 unit, four-story, interior corridor
- Offered at $84,302/key
- Prime location off I-240 with high visibility and easy access
- 10 minutes from Memphis International Airport
- Strong demand drivers: Corporate travelers, airport guests, and tourists
- Revenue growth potential through marketing & operational efficiencies
Property Description
NewGen Advisory is pleased to present the Fairfield Inn & Suites – Memphis, an 86-room Marriott-branded hotel located immediately off I-240. This prime location offers easy access to both business travelers and tourists, with Memphis International Airport just 10 minutes away. The property is ideally positioned to capture demand from corporate visitors, airport travelers, and tourists exploring Memphis’ top attractions, including Graceland, Elvis Presley’s Museum, and the city’s vibrant music and cultural scene. Offered unencumbered by management, this asset provides a hands-on owner-operator the opportunity to drive revenue growth through targeted marketing and operational efficiencies.
Location Description
Memphis, Tennessee, is a vibrant city known for its rich cultural heritage, diverse music scene, and historic significance. As the birthplace of blues, soul, and rock ‘n’ roll, Memphis is home to iconic landmarks such as Graceland, the former home of Elvis Presley, and Beale Street, a lively entertainment district. The city is also renowned for its contributions to the civil rights movement, with sites like the National Civil Rights Museum offering a powerful glimpse into the past. With its bustling riverfront, thriving arts scene, and world-class cuisine, Memphis offers a unique blend of history, culture, and southern hospitality.
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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