Quality Inn Hotel With Outdoor
For Sale
Contact for pricing
807 N Davis Ave, Cleveland, MS 38732
Three-story, 57-room hotel with an outdoor pool and in-room microwaves and refrigerators.
Property SizeContact for details
Days on Market117
Property Features for 807 N Davis Ave
General Information
Standard status
Active
Property subtype
Hospitality
Additional Details
Furnished
Yes
Business Included
Yes
Amenities
outdoor pool
vending machines
guest laundry services
business center
Building Details
Stories
3
Listing Agency:
Marcus & Millichap - Dallas
(972) 755-5302
Listed By:
Chris Gomes · License #TX 0591152
Source:
Crexi
Added: Apr 14
Changed: Aug 8
Last Checked: Jul 21 at 8:12PM
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 Marcus & Millichap - Dallas
Investment Insights
Based on property information with market context.
Quality Inn Cleveland is a Choice Hotels International-branded, three-story hotel offering 57 guest rooms. The property includes an outdoor pool, guest laundry services, a business center, and vending machines. Guest rooms are equipped with flat-screen televisions and include microwaves and refrigerators, along with a work desk and ironing board.
The hotel is located at 807 North Davis Avenue in Cleveland, Mississippi. Delta State University is located less than 2.5 miles from the property, and other listed demand generators in the area include Dockery Farms (1.4 miles), the Grammy Museum–Mississippi (1.8 miles), and the Bologna Performing Arts Center (2.1 miles). Cleveland is also described as a regional draw for blues events, with concerts and conventions each year.
In 2020, the limited-service hotel reported room revenues of over $1.01 million and net operating income above $332,000, after a 3 percent management fee reserve. The competitive set is described as showing an upward trend in RevPAR year-over-year, with an increase of 8.8 percent from 2019 to 2020.
The hotel is located at 807 North Davis Avenue in Cleveland, Mississippi. Delta State University is located less than 2.5 miles from the property, and other listed demand generators in the area include Dockery Farms (1.4 miles), the Grammy Museum–Mississippi (1.8 miles), and the Bologna Performing Arts Center (2.1 miles). Cleveland is also described as a regional draw for blues events, with concerts and conventions each year.
In 2020, the limited-service hotel reported room revenues of over $1.01 million and net operating income above $332,000, after a 3 percent management fee reserve. The competitive set is described as showing an upward trend in RevPAR year-over-year, with an increase of 8.8 percent from 2019 to 2020.
Key Highlights
- Quality Inn Cleveland Choice Hotels International‑branded hotel at 807 North Davis Avenue in Cleveland, MS
- 57‑room, three‑story hotel
- Outdoor pool, vending machines, guest laundry services, and business center
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
688
Businesses Nearby
Explore this area
Business Placement
Demographics for 38732, MS
17,652
Population
7,354
Households
2.4
Avg Household Size
36
Median Age
32%
College-Educated
84%
High-School Grad
88.3 sq mi
ZIP Area
200
Density / Sq Mi
$44,239
Median Household Income
$34,531
Median Earnings
$776
Median Rent
$163,000
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Hotel - Three-story, 57-room hotel with an outdoor pool and in-room microwaves and refrigerators.
Where is this hotel located?
The property is located at 807 N Davis Ave Cleveland, MS.
What are key features of this property?
This property features: Quality Inn Cleveland Choice Hotels International‑branded hotel at 807 North Davis Avenue in Cleveland, MS; 57‑room, three‑story hotel; Outdoor pool, vending machines, guest laundry services, and business center
