Hotel & Motel Property For Sale - Holiday Inn Full Service - Land, Franchise package

8359 Goodman Road, Olive Branch, MS, 38654

 
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Holiday Inn Full Service - Land, Franchise package

 

8359 Goodman Road

Olive Branch, Mississippi 38654
County: DeSoto
 
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  For Sale Active  
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
 
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 Additional Information 

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
6/6/2008




The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
 
 

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