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2575 Thousand Oaks Blvd
Memphis, TN 38118
La Quinta Inn & Suites Memphis I-240 · Hospitality Property For Sale · 112 Rooms
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built/Renovated | 1999/2024 |
| Building Class | B | Tenancy | Single |
| Lot Size | 2.85 AC | Parking Ratio | 3.06/1,000 SF |
| Building Size | 36,806 SF | Corridor | Interior |
| No. Rooms | 112 |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.85 AC |
| Building Size | 36,806 SF |
| No. Rooms | 112 |
| No. Stories | 4 |
| Year Built/Renovated | 1999/2024 |
| Tenancy | Single |
| Parking Ratio | 3.06/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
About 2575 Thousand Oaks Blvd , Memphis, TN 38118
Opportunity to Acquire a Value Add Asset in a High Barrier Market • The metro’s centralized location and favorable business climate (a low tax structure and right to work status) lure companies to the region. Three Fortune 500 company headquarters are located in Memphis: FedEx, AutoZone and International Paper. • Distribution and logistics comprise a significant portion of economic activity due to the metro’s location and intermodal capabilities. UPS and USPS have major operations here and 400 trucking firms operate locally. Other industries include manufac- turing, music, film and tourism. • $1.3M+ in Revenue with a RevPar index of 80.1% Prime Location • The hotel is off I-240 with easy access to Memphis International Airport and Downtown Memphis. Elvis Presley’s Graceland estate, FedEx Forum arena, Memphis Zoo, Oak Court Mall, Bass Pro Shop at the Pyramid, Sun Studios, AutoZone Park and the Mud Island Park, The Mike Rose Soccer Complex, Shelby Farms & the Cook Convention Center are also near- by.
PROPERTY TAXES
| Parcel Number | 07-4001-E0-0004 | Improvements Assessment | $909,280 |
| Land Assessment | $76,600 | Total Assessment | $985,880 |
PROPERTY TAXES
zoning
| Zoning Code | CMU-3 |
| CMU-3 |
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