404-514-0242
1532 McCullough Blvd, Tupelo, MS for Sale
Hospitality - FOR SALE
1/23
null | Request Cap Rate

1532 McCullough Blvd
Tupelo, MS 38804


HIGHLIGHTS

  • 58-room, 2-story property on 2.1± AC
  • Located near Interstate 22, Highway 178 & other major roadways
  • Within 10 minutes of Tupelo’s top attractions: Tupelo Buffalo Park & Zoo, Tupelo National Battlefield, BancorpSouth Arena & Elvis Presley’s birthplace
  • Amenities include a fitness center, business center, outdoor pool, breakfast lounge & free WiFi for guests

OVERVIEW

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

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

58

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Comfort Inn Tupelo

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1996

PARKING SPACES

51

LAND DETAILS

LAND ACRES

2.1 AC

LAND SF

91,476 SF

ZONING

H

APN/PARCEL ID

089A-30-032-00

ASK ABOUT THIS PROPERTY

Keith WorshamHilco Real EstateMore Info
404-514-0242

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Keith WorshamHilco Real EstateMore Info
404-514-0242

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.