7840 Craft-Goodman RdOlive Branch, MS 38654

Property Details for 7840 Craft-Goodman Rd

Year built

2020

Lot size

3.97 AC

Property type

Hospitality properties

Property subtype

Other hospitality properties

Description

This exceptional investment opportunity presents a 95-key TownePlace Suites by Marriott hotel, a 4-story building constructed in 2020. Situated on a 3.97-acre lot in Olive Branch, Mississippi, this property enjoys a prime location just 15 minutes from downtown Memphis, Tennessee. The hotel boasts spacious suites, each equipped with a full kitchen, catering to extended-stay guests. Amenities include a complimentary hot breakfast served daily, an inviting outdoor swimming pool, and a tranquil garden area. This offering includes a fee simple interest in the property. Note: This hotel is sold as a package deal with an adjacent hotel. The property's strategic location within the Memphis submarket offers significant potential for strong returns. The modern design and high-quality amenities ensure a comfortable and convenient stay for guests, contributing to consistent occupancy rates. This represents a rare chance to acquire a well-established, high-performing hospitality asset in a thriving market. The property's recent construction minimizes immediate capital expenditure needs, allowing for a swift return on investment. This is an ideal opportunity for investors seeking a stable and profitable addition to their portfolio.

Location Insight

City

Olive Branch

County

DeSoto

State

Mississippi

Latitude

34.9656

Longitude

-89.8527

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