Current Use by Public Records
- Hospitality properties
Property Details for 1005 Landmark Blvd
- Lot size
- 1.10 lot acres
- Property type
- Hospitality properties
- Property subtype
- Hotels
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tupelo
- County
- Lee
- State
- Mississippi
- Longitude
- -88.7169
- Latitude
- 34.2822
