7890 Craft-Goodman Rd Olive Branch, MS 38654
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Hospitality properties
Property Details for 7890 Craft-Goodman Rd
- Year built
- 2019
- Lot size
- 3.98 lot acres
- Property type
- Hospitality properties
- Property subtype
- Hotels
Description
This exceptional 121-key Hilton Garden Inn, built in 2019, presents a compelling investment opportunity. Situated on a 3.98-acre lot in Olive Branch, Mississippi, this four-story hotel enjoys a prime location just 15 minutes from downtown Memphis, Tennessee. The property boasts convenient amenities for guests, including an on-site restaurant and room service, enhancing its appeal and operational efficiency. The hotel's modern construction and established brand recognition contribute to its strong potential for consistent revenue generation. This offering includes a fee simple interest in the land and building. Importantly, this sale is exclusively packaged with the adjacent TownePlace Suites by Marriott Memphis Olive Branch, representing a significant combined investment opportunity. The property's location within the thriving Memphis submarket provides excellent access to a robust tourism and business travel base. The hotel's 121 rooms offer ample capacity to cater to a diverse range of guests, maximizing occupancy potential. This turnkey operation is ready for immediate ownership and management, presenting a rare chance to acquire a high-performing asset in a desirable market. The combined sale of this Hilton Garden Inn and the adjacent TownePlace Suites provides a unique opportunity for significant portfolio expansion.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Olive Branch
- County
- DeSoto
- State
- Mississippi
- Longitude
- -89.8519
- Latitude
- 34.9655
