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🏢 Just listed — Hotel Hospitality for sale in Memphis, TN.

📍 6045 Macon Cove, Memphis, TN
🏷  Hotel Hospitality · For Sale
💰 $2.00M

Well Maintained Hotel for Sale - All Suites / Off Interstate

Full financials, photos, and broker contact:
https://commrty.com/property/tennessee/memphis/econolodge-inn-suites-memphis-2528626-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=econolodge-inn-suites-memphis-2528626

#Memphis #Hospitality #CommercialRealEstate #CRE #Investment

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Home/TN/Memphis

6045 Macon Cove

Memphis, TN 38134

Asking Price

$2.00M

Asset Type

Hotel Hospitality

Class

Class B

What's Special

Well Maintained Hotel for Sale - All Suites / Off Interstate

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

4.00%

DSCR

0.67

Underwater

Cash-on-Cash

-6.46%

Monthly Payment

$9,894.904

Annual Cash Flow

$-38,738.846

Location & Travel Times

Similar Properties Nearby

📍

$550K

Class B | Commercial

US-51, Memphis, TN 38053

Listed by Owner · For Sale