For Sale
Request a price

1532 Mccullough Blvd Tupelo, MS 38804

Profitable Mississippi Hotel Investment

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 58-room Comfort Inn in Tupelo, Mississippi presents a compelling institutional investment opportunity. Built in 1996, this two-story, 32,558 square foot hotel sits on a 2.1-acre lot, conveniently located near Interstates 22 and major roadways, offering easy access to northern Mississippi. The property boasts a strong historical and projected NOI, with a T12 (June 2022) NOI of $1,465,103. Projected revenues show consistent growth over the next five years, reaching $1,716,680 by year five. The hotel's prime location places it within 10 minutes of Tupelo's top attractions, including the Tupelo Buffalo Park & Zoo, Tupelo National Battlefield, BancorpSouth Arena, and Elvis Presley's birthplace. Guest amenities include a fitness center, business center, outdoor pool, breakfast lounge, and complimentary Wi-Fi. This well-established hotel benefits from its proximity to major transportation routes and its position as a regional hub, attracting significant daily traffic. The property's strong performance history and projected growth make it an attractive investment for discerning buyers seeking a stable and profitable hospitality asset in a thriving Mississippi market. The hotel's historical revenue data shows a strong upward trend, with figures for 2019, 2020, and 2021 provided, demonstrating resilience and growth potential. This turnkey operation is ready for immediate income generation.

Highlights

  • 58-room, 2-story hotel on 2.1 acres.
  • Excellent location near I-22 and major roadways.
  • Minutes from Tupelo's top attractions, including Elvis Presley's birthplace.
  • Amenities include fitness center, business center, outdoor pool, breakfast lounge, and free Wi-Fi.

Property Details for 1532 Mccullough Blvd

Property type
Casinos, Hospitality properties
Square Feet
32,558 SF
Year Built
1996
Buildings
1
Stories
2
Lot Size (sq. ft)
91,476 SF

Location Insight

City
Tupelo
County
Lee
State
Mississippi
Latitude
34.2760869
Longitude
-88.7195101

FAQs

What type of property is this?
Casino - Profitable Mississippi Hotel Investment
Where is the casino located?
The property is located at 1532 Mccullough Blvd Tupelo, MS.
What are key features of this property?
This property features: 58-room, 2-story hotel on 2.1 acres.; Excellent location near I-22 and major roadways.; Minutes from Tupelo's top attractions, including Elvis Presley's birthplace.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1532 Mccullough Blvd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message