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1471 E BROOKS RD E $4,500,000


1471 E BROOKS RD E Memphis, TN 38116

  • Commercial
  • MLS# 10088458
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Property Details

This potential in this hotel for a new owner/operator cannot be described in so few words. With signed CA interested parties can be granted access to DD room where you will find everything. This hotel is scheduled to go to auction through Ten-X January 25-27. Unencumbered by mgmt, flag or debt.

  • General Features
    • Area 764A
    • Type Other (See REMARKS)
    • Type Usage Food Service, Franchise, Historical, Other (See REMARKS), Special Purpose
    • Tenant Pays Other (See REMARKS)
    • Sale Includes All Appliances, All Equipment, All Furnishings, Building and Land, Business Name, Signage
    • Trade Business Name Travelodge Wyndham
    • New Financing Conventional, Other (Call LA), Private, Split Funding
    • Contingency Type No Contingency
    • County Shelby
    • Year Built 1972
  • Building Features
    • Miscellaneous Security System, Sprinkler System, Elevator(s), Loading Dock(s), Roof Sign, Pole Sign, Fixtures, Furniture, Compressor(s), License Included, Rest Rooms, 220 Volt Power, Inventory Included, Recreation Facilities, Inside Storage, Outside Storage, Fenced, Outside Lighting
    • Hot Water House System, Individual System, Public Sewer, Public Water
    • Floors Hardwood, Partial Carpet, Tile, W/W Carpet
    • Heating System Central, Individual Systems
    • Foundation Maintenance Area, Slab, Storage Area
    • Cooling System 1 Window Unit per Unit, 220 Wiring, House Cooling, Individual Cooling
    • Average Ceiling Height 13-15.9 Feet, 16-20.9 Feet
    • Truck Loading Door Height 1-3 Doors, 16-20.9 Feet
    • Religious Amenities Kitchen
    • Seating Capacity 300-399
    • Roof Other (Call LA)
    • # of Stories 4
    • # of Offices 9
    • # of Restrooms 250
    • # of Buildings 1
  • Property Features
    • Lot Size 141 0
    • Lot # 1and2 and4
    • Location City, Free Standing, Industrial Park, Office Park, Other (See REMARKS)
    • Land SqFt 239449
    • Information Available Appraisal, Floor Plans, Notes/Deeds, Operating Expense Report, Other (See REMARKS), Plat, Profit/Loss Statement, Survey, Tax Info Available
    • Parking Facility 76 or More Spaces, Asphalt/Blacktop, Attached, Enclosed, Secured
    • Road Frontage City Street, Interstate, US Highway
    • Road Frontage ft 141


Jackie Bailey

Jackie Bailey


RE/MAX Realty Group

Direct: 901-337-9239


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Property History

Date Event Price Percent Change
-- Current Price Source New Value: $4,500,000
1/3/2021 3:16:26 AM Price Reduced Source New Value: $4,500,000 -22.41%
11/8/2020 11:17:00 AM New in Database Source New Value: $5,800,000

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Copyright© 2021 Memphis Area Association of REALTORS©. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.

Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.