7890 Craft-Goodman Rd Olive Branch, MS 38654
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.