Memphis, TN Hotel and Restaurant Memphis, TN

Property Location MAP

2979 & 2945 Millbranch Road
Memphis, TN 38116

Property #: DU0135

Contact Agent

Tranzon Asset Advisors
Tranzon Key

(270) 769-0284

127 Room Interior Corridor Hotel with separate restaurant on 2.1 Acres
Premier Location with two Interstates located nearby & Memphis International Airport
Property was outdated and had some locational obsolescence due to access and concrete/cement plant adjacent
Moderate-high crime area – drug dealing, burglary & prostitution
Occupancy Rate at time of Sale – 35% to 40% max

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