979 N Gloster St, Tupelo, MS 38804
- Motels
- 11,618 SF
Current Use by Public Records
- Candlewood Suites Tupelo North, an IHG Hotel / Hotel & Motel
- Grata Grille & Bar / Bar & Pub / Restaurant
Property Details for 979 N Gloster St
- Year built
- 2013
- Property type
- Motels
- APN
- 089A-30-117-00
- APU
- 089A3011700
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 18, 2022 | — | Leeb4 LLC | — | Deed · related | $5.4M · Bank Of Forest |
| Dec 19, 2016 | — | Leeb4 LLC | — | Deed · related | $6.4M · Trustmark National Bank |
| Jan 10, 2012 | — | Leeb4 LLC | A B R M P Investments | Warranty Deed | — |
Description
This exceptional 79-key hospitality investment presents a unique opportunity. The four-story, 41,996 square foot Candlewood Suites hotel, built in 2013, sits on a 1.58-acre lot in Tupelo, Mississippi. Strategically located at the intersection of Gloster Street and McCullough Boulevard, this property enjoys high visibility and easy access. The hotel boasts a range of amenities designed for guest comfort and convenience, including a fitness center, guest laundry services, and fully equipped kitchens in each room. Additional features include an indoor pool, business center, outdoor gazebo with grill area. Its proximity to Tupelo's key attractions—Tupelo Buffalo Park & Zoo, Tupelo National Battlefield, BancorpSouth Arena, and Elvis Presley's birthplace—further enhances its appeal. The hotel's location in Northeast Mississippi, a region known as the Hils, places it within convenient driving distance of major cities like Memphis, Tennessee (90 miles) and Birmingham, Alabama (135 miles), serving as a regional hub. This institutional-grade investment offers significant potential for growth and return. The property's strong location and comprehensive amenities make it an attractive option for investors seeking a well-established hospitality asset in a thriving market. The single building structure simplifies management and maintenance.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Tupelo
- County
- Lee
- State
- Mississippi
- Longitude
- -88.7168
- Latitude
- 34.2719
- CBSA code
- 46180
- CBSA name
- TUPELO, MS MICROPOLITAN STATISTICAL AREA
