Independent 39-Room Hotel with 2 rooms used as a manager’s apartment; well-suited for owner-operators seeking onsite management convenience.
Strategic Highway Location on U.S. 51 with exposure to 18,000+ daily vehicles, just 55 miles from Memphis and ~45 minutes from BlueOval City.
Proximity to Major Economic Catalysts: Positioned to benefit from Ford’s $5.6B BlueOval City EV plant, TVA’s Lagoon Creek facility, and growing industrial activity.
Strong Financials:
Consistent Performance Growth: Occupancy rose from 39% in 2022 to 50% in 2024, with significant increases in NOI and ADR.
Recent Capital Improvements ($200K+):
Franchise Conversion Ready: Strong candidates for Super 8 by Wyndham or America’s Best Value Inn by Sonesta (ABVI) – both offering national brand recognition, loyalty programs, and marketing infrastructure.
Low-Cost Entry for Brand Conversion:
Simple Operating Model with lean staffing and low overhead, delivering high profitability – ideal for new or seasoned hotel investors.
Future Upside Potential: With improved occupancy and better demand capture, the hotel can grow revenue through rate management and extended-stay demand.
Stable Market Dynamics: Ripley’s local economy is anchored by retail, manufacturing, and tourism—complemented by nearby Fort Pillow State Park and the Alex Haley Museum.
Ongoing Infrastructure Upgrades along U.S. 51 will continue to enhance access and traveler throughput.
Offered at $1,450,000.
Listing Agent:
Suryakant (Suresh) Patel
Direct: 901-674-6105
Email: sureshipatel@moonrealtyusa.com
Tennessee License No: 293125
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