923 Gloster St Tupelo, MS 38804
- Motels
- 17,446 SF
Current Use by Public Records
- 923 N Gloster St Tupelo 38804 / Hotel
- Holiday Inn & Suites Tupelo North, an IHG Hotel / Hotel / Conference Center
Property Details for 923 Gloster St
- Year built
- 2014
- Property size
- 17,446 SF
- Property type
- Motels
- APN
- 089E-30-133-00
- APU
- 089E3013300
Description
This exceptional 121-key Holiday Inn & Suites hotel presents a compelling institutional investment opportunity. The five-story, 75,626-square-foot property sits on a 2.25-acre lot in Tupelo, Mississippi, a regional hub conveniently located 90 miles from Memphis, TN, and 135 miles from Birmingham, AL. Built in 2014, this single-building hotel boasts a range of amenities designed to attract both business and leisure travelers. Guests enjoy access to an on-site restaurant, a cocktail lounge, an indoor pool, a fitness center, a business center, and dedicated conference space, catering to diverse needs. The hotel's strategic location places it near popular attractions such as the Tupelo Buffalo Park & Zoo, Tupelo National Battlefield, BancorpSouth Arena, and Elvis Presley's birthplace, further enhancing its appeal and potential for strong occupancy rates. This well-maintained property offers a significant opportunity for investors seeking a proven hospitality asset in a thriving regional market. The property's size, amenities, and location combine to create a strong foundation for continued success and potential for growth. The substantial daily influx of visitors to Tupelo presents a significant market for this established hotel. This is a turnkey operation ready for a new owner to capitalize on its existing success and further develop its market position. The property's strong brand recognition and established reputation within the community contribute to its overall value and investment potential.
Value Estimation
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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
- -88.7165
- Latitude
- 34.271
- CBSA code
- 46180
- CBSA name
- TUPELO, MS MICROPOLITAN STATISTICAL AREA