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Red Roof Inn Memphis East Trades for $1.6M

Shree Shiv Acquires 108 Room Hospitality Bldg
By Kelly Faulk
October 16, 2012 | 1:31 P.M.

Shree Shiv LLC, an Arkansas-based hospitality firm, acquired the Red Roof Inn Memphis East at 6055 Shelby Oaks Dr. in Memphis, TN from FMW RRI NC LLC for $1.6 million, or about $15,000 per unit.

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