For Sale
Call for price

1005 Landmark BlvdTupelo, MS 38804

89-Room Hotel, Prime Location, High Revenue

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents an 89-key Home2 Suites by Hilton hotel, a four-story building situated on 1.1 acres of land in Tupelo, Mississippi. Built in late 2021, this property boasts a strong financial performance, generating $3,649,333 in revenue in 2023 with an 86% occupancy rate. Conveniently located near Interstate 22 and Highway 178, the hotel enjoys easy access to major attractions such as the Tupelo Buffalo Park & Zoo, Tupelo National Battlefield, BancorpSouth Arena, and Elvis Presley's birthplace. The hotel's amenities include an indoor pool, fitness center, business center, meeting rooms, guest laundry services, and fully equipped kitchens in each suite, ensuring guest comfort and satisfaction. The property is being sold as a package deal with an adjacent hotel. This presents a unique opportunity to acquire a well-established, high-performing hotel in a thriving regional hub, benefiting from its proximity to major transportation routes and popular tourist destinations. The substantial revenue and high occupancy rate demonstrate the hotel's strong market position and potential for continued growth. On-site parking is available for guests. This is a turnkey operation ready for a new owner to step in and continue its success.

Highlights

  • 89-room, four-story Home2 Suites by Hilton hotel on 1.1 acres.
  • Prime location near I-22 and Highway 178.
  • 2023 revenue: $3,649,333 with 86% occupancy.
  • Convenient access to Tupelo attractions including the Buffalo Park & Zoo, National Battlefield, BancorpSouth Arena, and Elvis Presley's birthplace.
  • Amenities include an indoor pool, fitness center, business center, meeting rooms, guest laundry, and fully equipped kitchens in each suite; on-site parking.

Property Details for 1005 Landmark Blvd

Property type
Hospitality properties, Hotels
Buildings
1
Stories
4
Lot Size (sq. ft)
47,916 SF

Location Insight

City
Tupelo
County
Lee
State
Mississippi
Latitude
34.282196
Longitude
-88.7169439
1005 Landmark Blvd, Tupelo, Mississippi

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1005 Landmark Blvd
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