|
Holiday Inn Full Service - Land, Franchise package
8359 Goodman Road
Olive Branch, Mississippi 38654
County: DeSoto
|
|
|
|
|
|
|
|
|
|
| Property Use Type: | Investment |
| Type: | Hotel & Motel Full Service |
| No. Rooms: | 104 |
| Building Size: | 67,000 SF |
| Lot Size: | 3.25 Acres |
| Price: | N/A |
| Price/Room: | N/A |
| Date Last Verified: | 11/26/2008 |
| Property ID: | 15746644 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Property Description:
Approved Franchise (Fee paid), Land (3.25 acres), and Stamped Architectural plans package for sale. Bring your own builder or the Seller will build it for you for $8.5m Turn-key in addition to the land & franchise package.
New Turn-key Full Service Holiday Inn "Balance" Prototype. High RevPAR Olive Branch market (5 miles south of Memphis, TN). The only full service hotel in the market, and the only hotel with indoor pool. Projected Gross Room Revenue $2.7m plus Food & Beverage. New Fedex Ground Distribution Hub nearby.
Location Description:
Goodman Rd & Highway 78, across from Super-Walmart and Home Depot, excellent visibility from Highway 78.
Graceland (15 MI / 24.14 KM) Snowden Grove Baseball Park (5 MI / 8.05 KM) Downtown Memphis (20 MI / 32.19 KM) Mike Rose Soccer Fields (9 MI / 14.48 KM) Beale Street - Downtown Memphis (20 MI / 32.19 KM) Convention Center / Pyramid -Fed Ex Forum Memphis (20 MI / 32.19 KM) University of Memphis (16 MI / 25.75 KM) Autozone Park - Downtown Memphis (20 MI / 32.19 KM) National Civil Rights Museum - Memphis, TN (16 MI / 25.75 KM) Liberty Land / Mid South Coliseum - Memphis, TN (15 MI / 24.14 KM) Memphis Zoo (17 MI / 27.36 KM) Pink Palace Museum - Memphis, TN (15 MI / 24.14 KM) Sun Studio - Memphis, TN (15 MI / 24.14 KM) Casinos - Tunica, MS (35 MI / 56.33 KM) Cherokee Valley Golf Course (3 MI / 4.83 KM)
| Property Types: | Full Service Economy/Limited Service | Construction Status: | Under Construction/Proposed |
|
|
|