Sleep Inn
Category: Projects
Sleep Inn
49 N Main St
Memphis, TN
Hotel - six story, 130 rooms
| Property Name | Sleep Inn |
|---|---|
| Project Cost | $4,800,000 |
| District | Core |
| Type | New Construction |
| Status | Completed |
| Hotel Rooms | 130 |
| Year Opened | 1996 |
PILOT Details
| Lessee | Tennessee Hotel Group I, LP |
|---|---|
| Lessee Address | Attn: Gregory Averbuch, c/o Summit Asset Management Corporation, 4401 Northside Parkway Suite 711, |
| Term | 10 Years |
| Close Date | 11/8/1995 0:00:00 |
| Extension | 1 |
| Extension Term Years | 15 |
| Term Mos | 120.00 |
| Extension Term Mos | 180 |
| Status From Date | Terminated |
| Expected Term Date | 11/8/2020 0:00:00 |
| Remaining PILOT Years | 0.00 |
| Pilot Documents | Instrument #HU8034 October 1, 1998 - Amendment to lease Instrument #FL2916 November 8, 1995 Instrument #JP3069 August 1, 1999 - Assignment of rents |