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Hyatt Place Memphis Germantown Hotel – Image Credit Hyatt
The 127-room Hyatt Place Memphis/Germantown Hotel is now listed for sale. It offers a prime investment opportunity in one of Memphis’s top submarkets, with potential for increased revenues and profit margins.
JLL’s Hotels & Hospitality Group has been appointed as the exclusive agent for the Hyatt Place Memphis/Germantown Hotel sale. The 127-room property is being offered for sale unencumbered by debt and management. Currently institutionally owned and operated, it is situated in one of Memphis’s premier submarkets, presenting a significant investment opportunity.
Location and Access
Opened in 2009, the Hyatt Place Memphis/Germantown Hotel boasts a prime location near Poplar Avenue and Interstate 385. This strategic location provides quick and convenient access to downtown Memphis, the Methodist Le Bonheur Germantown Hospital, and the Memphis International Airport. The location also benefits from a diverse business mix, including corporate, tourism, and convention business.
Revenue and Profitability Prospects
While the hotel’s Revenue per Available Room (RevPAR) penetration index currently exceeds 125%, there is potential for recalibration of the business mix to achieve a higher Average Daily Rate (ADR). This strategic move could help maximize profit margins. Additionally, the hotel is expected to see a sizable revenue increase after completing the change of ownership Property Improvement Plan (PIP).
Investment Highlights
The Hyatt Place Memphis/Germantown Hotel is a highly desirable investment for various reasons. Its prime location within Memphis’s premier East Submarket makes it an attractive proposition for potential investors. The affiliation with the Hyatt brand adds considerable value, making it an attractive opportunity for investors seeking properties with a strong brand association. The hotel’s high cash flows and the fact that it is offered at a discount to replace costs further enhance its investment appeal.
Inquire at JLL.
Hyatt Place Memphis Germantown Hotel – Image Credit Hyatt
The 127-room Hyatt Place Memphis/Germantown Hotel is now listed for sale. It offers a prime investment opportunity in one of Memphis’s top submarkets, with potential for increased revenues and profit margins.
JLL’s Hotels & Hospitality Group has been appointed as the exclusive agent for the Hyatt Place Memphis/Germantown Hotel sale. The 127-room property is being offered for sale unencumbered by debt and management. Currently institutionally owned and operated, it is situated in one of Memphis’s premier submarkets, presenting a significant investment opportunity.
Location and Access
Opened in 2009, the Hyatt Place Memphis/Germantown Hotel boasts a prime location near Poplar Avenue and Interstate 385. This strategic location provides quick and convenient access to downtown Memphis, the Methodist Le Bonheur Germantown Hospital, and the Memphis International Airport. The location also benefits from a diverse business mix, including corporate, tourism, and convention business.
Revenue and Profitability Prospects
While the hotel’s Revenue per Available Room (RevPAR) penetration index currently exceeds 125%, there is potential for recalibration of the business mix to achieve a higher Average Daily Rate (ADR). This strategic move could help maximize profit margins. Additionally, the hotel is expected to see a sizable revenue increase after completing the change of ownership Property Improvement Plan (PIP).
Investment Highlights
The Hyatt Place Memphis/Germantown Hotel is a highly desirable investment for various reasons. Its prime location within Memphis’s premier East Submarket makes it an attractive proposition for potential investors. The affiliation with the Hyatt brand adds considerable value, making it an attractive opportunity for investors seeking properties with a strong brand association. The hotel’s high cash flows and the fact that it is offered at a discount to replace costs further enhance its investment appeal.
Inquire at JLL.
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It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.
The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making
The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.
It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution
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