HILTON GARDEN INN MEMPHIS/WOLFCHASE GALLERIA

7955 IKEA WAY

CORDOVA, TN 38016


Availability: Available

Price: $20,500,000

Address:
7955 Ikea Way

Cordova, TN 38016

Number of Rooms: 124

Year Built: 2015

INVESTMENT OVERVIEW

Hunter Havericak Hotel Group of Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 124-room Hilton Garden Inn located in Cordova, Tennessee, a suburb of Memphis. The hotel is a five-story concrete and steel property built in 2015 and located just east of the downtown Memphis corridor.
Hilton Garden Inn Memphis-Wolfchase Galleria provides the opportunity for a new owner to acquire a select-service Hilton hotel with potential to realize significant RevPAR growth through hands-on management and utilization of the Hilton name, reservation system, and loyal base of guests.

INVESTMENT HIGHLIGHTS

  • July 2026 T-12 RevPAR Increased YOY for Both the Subject Property and Competitive Set
  • Significant Occupancy Increase Over the Last 12 Months
  • Memphis Region Experienced a Record-Breaking Year in GDP ($100M, 2024)
  • Memphis Tourism Reported a Record $4.3 Billion in Visitor Spending (2024)
  • Proximate to FedEx Corporation Headquarters, Graceland, Frederick W. Smith International Airport, AutoZone Headquarters, TPC Southwind, and More

EXCLUSIVELY LISTED BY

R. MCLEAN HICKLIN III

Mclean.Hicklin@MarcusMillichap.com

(864) 923-6223

ROBERT S. HUNTER

Robert.Hunter@MarcusMillichap.com

(954) 245-3473

BROKER OF RECORD

JODY MCKIBBEN
TN Broker of Record
615.997.2900 Direct
License: 307629