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South Gloster, Tupelo, MS - Hotel 
1211 South Gloster
Tupelo, Mississippi 38801
County: Lee
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| Property Use Type: | Investment |
| Type: | Hotel & Motel
Economy/Limited Service |
| No. Rooms: | 9 |
| Building Size: | 9,640 SF |
| Lot Size: | 60,000 SF |
| Price: | $350,000 |
| Price/Room: | $38,889 |
| Date Last Verified: | 11/24/2008 |
| Property ID: | 15344343 |
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Property Description:
3 Buildings: Rental Space-(Bldg 1) approx. 3117 sq ft w/full kitchen, (2)approx. 1613 sq ft w/deck on back (3)Resid. rental approx 1438 sq ft $200 week; (Bldg 2) motel rental-6 one bedroom units totaling 1888 sq ft=$120 wk per unit (Bldg 3) resid. retal 2 units-total 1584 sq ft=$120 wk per unit
Location Description:
Property is located on South Gloster Street, Tupelo, MS which is the main traffic axis to North MS Medical Center/ Park (the largest non-Metro hospital in the Nation). Total Avg Daily Traffic =16,000 (2005). Neighbors include restaurants, banks, and other general commercial uses. Additions to the medical park are being developed behind property.
| Property Types: | Economy/Limited Service
Office (land) | Commission Split: | 3% |
| Retail (land) | | |
| Commercial/Other (land) | | |
| Average Daily Rate: | $120 |
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