Radisson Hotel West Memphis, West Memphis, AR

Prime 4-story hotel with 121 fully renovated, modern, interior-corridor guestrooms, featuring concrete block construction for durability.

State-of-the-art amenities include 6 ft wide corridors, 2 elevators, a TPO roof, tankless hot water systems, banquet facilities, a modern restaurant, and a bar.

Convenient location - just 10 minutes from Downtown Memphis and 23 minutes from Memphis International Airport.

Strategically situated on a service road of major interstates I-40 and I-55, directly across from the new Southland Casino.

High-demand submarket near corporate hubs and leisure destinations, ensuring long-term investor appeal.

Strong financial performance with YTD 2024 room revenue of $2.7M and $150K in net restaurant revenue.

Proven track record with 2023 total room revenue of $3.2M, an adjusted NOI of $1.3M, and $165K in restaurant revenue.

Competitive edge with a 40% RevPAR premium over competitors, driving substantial upside potential.

Attractive investment metrics with a Year 1 cap rate of 10.7% and a price per key of $103,306, significantly below replacement cost.

Backed by Choice Hotels, benefiting from targeted marketing, loyalty programs, and operational efficiencies to boost occupancy and revenue.