For Sale
Call for price

7890 Craft-Goodman RdOlive Branch, MS 38654

121-Room Hotel, Memphis Submarket

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 121-key Hilton Garden Inn, built in 2019, presents a compelling investment opportunity. Situated on a 3.98-acre lot in Olive Branch, Mississippi, this four-story hotel enjoys a prime location just 15 minutes from downtown Memphis, Tennessee. The property boasts convenient amenities for guests, including an on-site restaurant and room service, enhancing its appeal and operational efficiency. The hotel's modern construction and established brand recognition contribute to its strong potential for consistent revenue generation. This offering includes a fee simple interest in the land and building. Importantly, this sale is exclusively packaged with the adjacent TownePlace Suites by Marriott Memphis Olive Branch, representing a significant combined investment opportunity. The property's location within the thriving Memphis submarket provides excellent access to a robust tourism and business travel base. The hotel's 121 rooms offer ample capacity to cater to a diverse range of guests, maximizing occupancy potential. This turnkey operation is ready for immediate ownership and management, presenting a rare chance to acquire a high-performing asset in a desirable market. The combined sale of this Hilton Garden Inn and the adjacent TownePlace Suites provides a unique opportunity for significant portfolio expansion.

Highlights

  • 4-story, 121-room Hilton Garden Inn on 3.98 acres.
  • Built in 2019.
  • Conveniently located 15 minutes from downtown Memphis, TN.
  • Fee simple ownership.

Property Details for 7890 Craft-Goodman Rd

Property type
Hospitality properties, Hotels
Year Built
2019
Buildings
1
Stories
4
Lot Size (sq. ft)
173,369 SF

Location Insight

City
Olive Branch
County
DeSoto
State
Mississippi
Latitude
34.9655152
Longitude
-89.8518542
7890 Craft-Goodman Rd, Olive Branch, Mississippi

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7890 Craft-Goodman Rd
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