Tru by Hilton
For Sale
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1003 Landmark Blvd, Tupelo, MS 38804
90-room Tru by Hilton in Tupelo, Mississippi.
Property SizeContact for details
Days on Market770
Property Features for 1003 Landmark Blvd
General Information
Standard status
Active
Property subtype
Hospitality
Zoning
MUCC
Listing Agency:
Hilco Global
Listed By:
Keith Worsham · License #GA #267014
Source:
Crexi
Added: Jul 3, 2024
Changed: Aug 11
Last Checked: Aug 11 at 9:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hilco Global
Investment Insights
Based on property information with market context.
The property is a 90-room Tru by Hilton hotel located in Tupelo, Mississippi, situated in the northeast corner of the state, known as the Hills region. Tupelo acts as a regional hub, with its population increasing significantly each day due to travel. The hotel is approximately 90 miles from Memphis, TN, and 135 miles from Birmingham, AL. The hotel is being exclusively sold as a package deal with the adjacent Home2 Suites by Hilton Tupelo, MS. Historical revenues indicate an occupancy rate of 64.0%, ADR of $115.09, and RevPAR of $73.71 in 2022. In 2023, the occupancy rate was 73.8%, ADR was $117.56, and RevPAR was $86.69. The 2024 occupancy rate was 75.3%, ADR was $117.62, and RevPAR was $88.53. Projected revenues for 2025 include an occupancy rate of 76.0%, ADR of $124.40, and RevPAR of $94.54. For 2026, projections estimate a 78.0% occupancy rate, ADR of $128.20, and RevPAR of $100.00. The 2027 projections show a 78.0% occupancy rate, ADR of $132.00, and RevPAR of $102.96.
Key Highlights
- Strong historical and projected RevPAR growth from 2022‑2027.
- High occupancy rates, exceeding 75% in 2024 and projected to increase.
- Increasing ADR indicating strong pricing power.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
250
Businesses Nearby
Explore this area
Business Placement
Demographics for 38804, MS
17,314
Population
7,978
Households
2.2
Avg Household Size
40
Median Age
30%
College-Educated
87%
High-School Grad
78.5 sq mi
ZIP Area
221
Density / Sq Mi
$63,837
Median Household Income
$37,416
Median Earnings
$858
Median Rent
$201,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - 90-room Tru by Hilton in Tupelo, Mississippi.
Where is this hotel located?
The property is located at 1003 Landmark Blvd Tupelo, MS.
What are key features of this property?
This property features: Strong historical and projected RevPAR growth from 2022‑2027.; High occupancy rates, exceeding 75% in 2024 and projected to increase.; Increasing ADR indicating strong pricing power.
