646-425-5632
HIGHLIGHTS
- Fee simple interest in the 126-room Hyatt Place Memphis Wolfchase Galleria.
- The asset will be available for purchase in the May 7th auction event via Ten-X.
- Offered as part of a five-property portfolio, with all properties being sold individually.
- Property offered unencumbered by management and debt and at a significant discount to replacement cost.
- Strong operational upside in transitioning the asset out of institutional ownership and third-party management.
- Adjacent to the heavily trafficked Interstate 40, with upwards of 115,000 vehicles passing the location daily.
FOR SALE DETAILS
BUILDING DETAILS
PROPERTY NAME
Hyatt Place Memphis/Wolfchase Galleria
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
6
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
1996
PARKING SPACES
132
LAND DETAILS
LAND ACRES
2.23 AC
LAND SF
97,139 SF
ZONING
CP
APN/PARCEL ID
09-2008-0-0010
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
646-425-5632
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
646-425-5632
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
