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Browse More Listings in Hotel & Motel For Sale, Tupelo, MS or Mississippi

Hotel / Motel - Off Market

Howard Johnson

923 N. Gloster St, Tupelo, MS 38802

Price:
N/A
No. Rooms:
124
Building Size:
36,700 SF
Property Type:
Hotel & Motel
Property Sub-type:
Economy/ Limited Service
Property Use Type:
Vacant/Owner-User
Commission Split:
3%
Average Daily Rate:
$47
RevPAR:
$24
No. Stories:
2
Lot Size:
5 AC

Last Verified 7/17/2009 Listing ID 16069123

Highlights

Less than 3 x Gross

Description

For Sale By Owner. This is an excellent opportunity for an owner/operator. Currently the motel is operated by full staff. This 114 room property with an outdoor pool has been fully renovated in 2008. Every room has new wall texture, carpets, furniture, beds, granite vanites, microwave & fridges, irons, hair dryers, some new A/Cs & 25" T.V.s. The exterior & and lobby have also been completely renovated. This property features new king & full size Serta bedding. The front desk computer system is also new. The owner is selling due to health concerns. Local financing may be available for a qualified buyer. Please do not contact the property directly.

The hotel is located on 5 (+/-) acres. The property is easily accessible from the Property's main entrance along North Gloster Street and is visible from Business US -78.

Map of 923 N. Gloster St, Tupelo, MS 38802 (Lee County)

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Created 1/22/2009

Additional Information for 923 N Gloster Street, Tupelo, MS 38804

Active For Sale - 0 Listing
Active For Lease - 0 Listing
Previously Listed - 4 Historic Listings
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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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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Hotel & Motel Property For Sale - Howard Johnson

923 N. Gloster St, Tupelo, MS, 38802