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Home2 Suites by Hilton Tupelo 1005 Landmark Blvd 89 Room Hotel Tupelo, MS 38804 For Sale

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INVESTMENT HIGHLIGHTS

  • 89-room, 4-story hotel on 1.1± AC
  • 2024 Revenue: 75.3% Occ; $117.62 ADR; $88.53 RevPAR
  • Amenities include indoor pool, fitness center, business center, meeting rooms, guest laundry services, fully-equipped kitchens, on-site parking
  • Nearby to Interstate 22 & Highway 178
  • Easy access to top attractions including Tupelo Buffalo Park & Zoo, Tupelo National Battlefield, BancorpSouth Arena & Elvis Presley’s birthplace

EXECUTIVE SUMMARY

Hilco Global is accepting offers on this 89-room Home2 Suites by Hilton located in Tupelo, Mississippi. The newly-built property opened in late 2021 and features amenities including a fitness center, guest laundry services and fully-equipped kitchens.
The city is located in the northeast corner of Mississippi, which is commonly known as the Hils region. Located just 90 miles from Memphis, TN, and 135 miles from Birmingham, AL, Tupelo serves as a regional hub for the surrounding area and its population swells by 300% each day as people travel throughout the city.
Please note that this hotel is being exclusively sold as a package deal with the adjacent Tru by Hilton Tupelo, MS.
Hilco Global in cooperation with Paul A. Lynn & Associates, LLC, MS Broker, Lic. #21483.b

PROPERTY FACTS

Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.30 AC
Building Size 54,588 SF
No. Rooms 89
No. Stories 4
Year Built 2021
Parking Ratio 1.58/1,000 SF
Corridor Interior
Opportunity Zone Yes
Zoning C-2 - Motel

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Digital key

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 89 $149.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
084N-19-022-03
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,227,230
  • Listing ID: 32336570

  • Date on Market: 7/3/2024

  • Last Updated:

  • Address: 1005 Landmark Blvd, Tupelo, MS 38804

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