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Call For Offers / Tours – 2 Value Place Properties in Memphis, TN

Value Place Memphis, TN (Northeast) – TOUR DATE April 27, 2016

Value Place Memphis, TN (Riverdale) – TOUR DATE April 28, 2016

CALL FOR OFFERS:  Offers and supporting materials are due on or before 5:00 PM CST on Friday, May 6, 2016

Warmbrodt Hotel Investments (“WHI”) is pleased to present for sale the Value Place Memphis, TN (Northeast) and the Value Place Memphis, TN (Riverdale).  The properties may be sold individually, however a package transaction is highly preferred.

The Call For Offers details are as follows:

  • Offers and supporting materials are due on or before 5:00 PM CST onFriday, May 6, 2016
  • Your offer should be submitted in the form of a Letter of Intent (“LOI”) addressing the Purchase Price, Due Diligence Period, Closing Period and Earnest Money Deposit.  The Seller’s LOI form is available in the Virtual Deal Room upon completing the Confidentiality Agreement or by email request to info@whikc.com
  • Please contact WHI to schedule a tour of the property.  Property tour dates are listed below.  If you cannot make these dates, please let us know and we will work to make a special arrangement with you

As supporting material for your offer, please provide the following:

  • Information about your company and key principals that would be involved in the transaction
  • Financing Strategy (Debt and Equity)
  • Proof of Funds for the Equity Portion of the total planned capital investment