Comfort Inn Tupelo 1532 McCullough Blvd 58 Room Hotel Tupelo, MS 38804 For Sale
INVESTMENT HIGHLIGHTS
- 58-room, 2-story property on 2.1± AC
- Within 10 minutes of Tupelo’s top attractions: Tupelo Buffalo Park & Zoo, Tupelo National Battlefield, BancorpSouth Arena & Elvis Presley’s birthplace
- Located near Interstate 22, Highway 178 & other major roadways
- Amenities include a fitness center, business center, outdoor pool, breakfast lounge & free WiFi for guests
EXECUTIVE SUMMARY
Hilco Real Estate is accepting offers for the 58-room Comfort Inn located in Tupelo, MS. The hotel is situated near Interstate 22, Highway 45 and other major roadways traversing northern Mississippi. 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.
HISTORICAL REVENUES:
2019: $1,087,878
2020: $874,727
2021: $1,413,974
T12 6/2022: $1,465,103
PROJECTED REVENUES:
Year 1: $1,448,524
Year 2: $1,543,823
Year 3: $1,619,597
Year 4: $1,667,288
Year 5: $1,716,680
HISTORICAL REVENUES:
2019: $1,087,878
2020: $874,727
2021: $1,413,974
T12 6/2022: $1,465,103
PROJECTED REVENUES:
Year 1: $1,448,524
Year 2: $1,543,823
Year 3: $1,619,597
Year 4: $1,667,288
Year 5: $1,716,680
PROPERTY FACTS
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.10 AC |
| Building Size | 32,558 SF |
| No. Rooms | 58 |
| No. Stories | 4 |
| Year Built | 1996 |
| Parking Ratio | 1.57/1,000 SF |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | H - Motel |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 4 | $99.00 | - |
| Guest Room | 54 | $86.00 | - |
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PROPERTY TAXES
| Parcel Number | 089A-30-032-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $442,646 |
