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.
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.
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Contacts
Keith Worsham
Weston Worsham
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Mccullough Blvd Tupelo, MS 38804
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Mccullough Blvd Tupelo, MS 38804
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1532 Mccullough Blvd
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