7904 Craft Goodman Frontage Rd Olive Branch, MS 38654
Property Features for 7904 Craft Goodman Frontage Rd
General Information
- Size
- 40,000 SF
Building Details
- Year built
- 2020
Source:
Hilcorealestatesales
Listing Agent: Keith Worsham
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Olive Branch Best Western Plus
This Best Western Plus hotel is located in Olive Branch, Mississippi, within the Memphis submarket. Constructed in 2020, the four-story hotel features 87 rooms and is situated on approximately 1.02 acres. The property offers convenient access to I-78, I-55, and I-40, placing it approximately 15 minutes from downtown Memphis and the Memphis International Airport. The hotel benefits from its location near major transportation routes and the headquarters of FedEx, Williams-Sonoma and ASICS. The property includes approximately 500 square feet of meeting space. It has excellent frontage at the intersection of State Highway 78 and State Highway 302. The FedEx headquarters is located 2 miles away, and the William Sonoma distribution center is 4 miles from the property. The hotel's historical revenues include $2,560,158 in 2021 with 83% occupancy, $2,355,720 in 2022 with 73% occupancy, and $2,586,700 in 2023 with 78% occupancy.
Location Intelligence
Current Use by Public Records
Hotels
Map
- City
- Olive Branch
- County
- DeSoto
- State
- Mississippi
- Longitude
- -89.5387
- Latitude
- 34.942
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FAQs
What type of property is this?
Hotel - 87-room hotel near Memphis and major transportation routes.
Where is this hotel located?
The property is located at 7904 Craft Goodman Frontage Rd Olive Branch, MS.
What are key features of this property?
This property features: - Strategic location: Just 15 minutes from downtown Memphis and Memphis International Airport with convenient access to I-78, I-55, and I-40.; - Strong revenue history: Consistent annual revenues exceeding $2.3 million between 2021-2023.; - Recently constructed: Built in 2020, minimizing immediate renovation needs.