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    1005 Landmark Blvd Tupelo, MS 38804

    For Sale
    Contact for pricing

    89-Room Hotel, Prime Location, High Revenue

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional investment opportunity presents an 89-key Home2 Suites by Hilton hotel, a four-story building situated on 1.1 acres of land in Tupelo, Mississippi. Built in late 2021, this property boasts a strong financial performance, generating $3,649,333 in revenue in 2023 with an 86% occupancy rate. Conveniently located near Interstate 22 and Highway 178, the hotel enjoys easy access to major attractions such as the Tupelo Buffalo Park & Zoo, Tupelo National Battlefield, BancorpSouth Arena, and Elvis Presley's birthplace. The hotel's amenities include an indoor pool, fitness center, business center, meeting rooms, guest laundry services, and fully equipped kitchens in each suite, ensuring guest comfort and satisfaction. The property is being sold as a package deal with an adjacent hotel. This presents a unique opportunity to acquire a well-established, high-performing hotel in a thriving regional hub, benefiting from its proximity to major transportation routes and popular tourist destinations. The substantial revenue and high occupancy rate demonstrate the hotel's strong market position and potential for continued growth. On-site parking is available for guests. This is a turnkey operation ready for a new owner to step in and continue its success.

    Property Features for 1005 Landmark Blvd

    General Information

    Property type
    Hotels
    Lot Size
    47,916 SF

    Building Details

    Buildings
    1
    Stories
    4

    HighLights

    • 89‑room, four‑story Home2 Suites by Hilton hotel on 1.1 acres.
    • Prime location near I‑22 and Highway 178.
    • 2023 revenue: $3,649,333 with 86% occupancy.
    • Convenient access to Tupelo attractions including the Buffalo Park & Zoo, National Battlefield, BancorpSouth Arena, and Elvis Presley's birthplace.
    • Amenities include an indoor pool, fitness center, business center, meeting rooms, guest laundry, and fully equipped kitchens in each suite; on‑site parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hotels

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tupelo
    County
    Lee
    State
    Mississippi
    Longitude
    -88.7169439
    Latitude
    34.282196

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    FAQs

    What type of property is this?
    Hotel - 89-Room Hotel, Prime Location, High Revenue
    Where is this hotel located?
    The property is located at 1005 Landmark Blvd Tupelo, MS.
    What are key features of this property?
    This property features: 89-room, four-story Home2 Suites by Hilton hotel on 1.1 acres.; Prime location near I-22 and Highway 178.; 2023 revenue: $3,649,333 with 86% occupancy.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1005 Landmark Blvd Tupelo, MS 38804
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