962 S Shady Grove Rd | Memphis, TN 38120
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962 S Shady Grove Rd
Memphis, TN 38120
Hampton Inn & Suites Memphis East Germantown · Hospitality Property For Sale · 84,582 SF
Investment Highlights
- Adjacent to the FedEx Global Headquarters
- Unencumbered of management and debt
- Excellent value add opportunity to improve market penetration through a comprehensive renovation
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 5 |
| Property Subtype | Hotel | Year Built/Renovated | 1999/2024 |
| Building Class | B | Tenancy | Single |
| Lot Size | 2.64 AC | Parking Ratio | 1.51/1,000 SF |
| Building Size | 84,582 SF | Corridor | Interior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.64 AC |
| Building Size | 84,582 SF |
| No. Stories | 5 |
| Year Built/Renovated | 1999/2024 |
| Tenancy | Single |
| Parking Ratio | 1.51/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- Shuttle Service
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Digital key
PROPERTY TAXES
| Parcel Number | 08-0008-0-0493 | Improvements Assessment | $2,236,520 |
| Land Assessment | $763,480 | Total Assessment | $3,000,000 |
PROPERTY TAXES
Parcel Number
08-0008-0-0493
Land Assessment
$763,480
Improvements Assessment
$2,236,520
Total Assessment
$3,000,000
zoning
| Zoning Code | R-15 |
| R-15 |
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