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Summit Hotel 
854 Gloster Street
Tupelo, Mississippi 38804
County: Lee
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| Property Use Type: | Investment |
| Type: | Hotel & Motel
Economy/Limited Service |
| No. Rooms: | 116 |
| Building Size: | 87,150 SF |
| Lot Size: | 4.10 Acres |
| Price: | $3,000,000 |
| Price/Room: | $25,862 |
| Cap Rate: | 9.00% |
| Date Last Verified: | 12/17/2008 |
| Property ID: | 15775663 |
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Property Description:
This 116-room hotel is situated within two freestanding buildings. Two guest room wings with lobby and food and beverage areas. The hotel operates a 24-hour front desk for the convenience of its guests and offers a daily complimentary continental breakfast served in the new dining area just off the guest lobby. Guest rooms feature attractive furnishing in either two-queen or one king bed configurations. The hotel also features executive suites and all guest rooms feature 25 TV' s, coffee makers, hair dryers, irons and ironing boards.
Location Description:
The hotel is located on 4.104 (+/-) acres or approximately 178,770 (+/-) square feet. The property is easily accessible from the Property' s main entrance along North Gloster Street and is visible from Business US -78.
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