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Sleep Inn

Category: Projects

Sleep Inn

49 N Main St
Memphis, TN

Hotel - six story, 130 rooms

Property NameSleep Inn
Project Cost$4,800,000
TypeNew Construction
Hotel Rooms130
Year Opened1996


PILOT Details

LesseeTennessee Hotel Group I, LP
Lessee AddressAttn: Gregory Averbuch, c/o Summit Asset Management Corporation, 4401 Northside Parkway Suite 711,
Term10 Years
Close Date11/8/1995 0:00:00
Extension Term Years15
Term Mos120.00
Extension Term Mos180
Status From DateTerminated
Expected Term Date11/8/2020 0:00:00
Remaining PILOT Years0.00
Pilot Documents
Instrument #HU8034
October 1, 1998 - Amendment to lease
Instrument #FL2916
November 8, 1995
Instrument #JP3069
August 1, 1999 - Assignment of rents