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4225 American Way
Memphis, TN 38118 Parkway Village

Price Upon Request

Hotel For Sale • 57,362 SF

Property Details

Property Type Hotel
Total Building Size 57,362 SF
Lot Size 2.22 AC
Building Class B
Year Built 2002
Tenancy Single
Zoning OG

36 Transit Score

45 Walk Score

                
                    Highlights
                
                                Features 109 units in a 3-story, interior corridor building.
                            
                                Currently third-party managed, offering upside potential for an owner-operator.
                            
                                Listed at 3x GRM (Gross Rent Multiplier), indicating a lucrative income stream.
                            
                                Ideal for hotel operators or multifamily investors looking to leverage renovation and management upside.
                            
                                Located in a sought-after area with strong market demand.
                            
                                Encompasses 57,362 square feet across three stories.

Amenities

Business Center
Fitness Center
Pool
Shuttle Service
Meeting Event Space

Public Transportation

Airport	Drive	Walk	Distance
Memphis International	10 min	-	6.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	150
Type:	Surface
Included in Rent:	Yes

4225 American Way OFF MARKET Memphis, TN 38118 Parkway Village OFF MARKET