Hotel For Sale

1532 McCullough Blvd, Tupelo, MS

Market Price

Price

32,558 sqft

Building Size

2.1 acres

Lot Area

Overview
Building Size
32,558 sqft
Lot Area
2.1 acres
Keys
58
Year Built
1996
Floors
4
Description

Hilco Real Estate is pleased to present this 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
2022: $1,312,590

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


This Comfort Inn hotel is conveniently located off Interstate 22 and Highway 45.

Tupelo is located in the northeast corner of Mississippi, which is commonly known as the Hills region. Tupelo is intersected by Highways 45, Interstate 22, and the Natchez Trace Parkway. Located just 90 miles from Memphis, TN, and 135 miles from Birmingham, AL, Tupelo serves as a regional hub for the area. Historically, Tupelo served as a regional transportation hub, primarily due to its location at a railroad intersection. More recently, the city has developed a strong tourism and hospitality sector based around the Elvis Presley birthplace and Natchez Trace, one of America’s Top 10 National Parks. Natchez Trace is a historic forest trail that extends roughly 440 miles from Nashville, Tennessee, to Natchez, Mississippi, linking the Cumberland, Tennessee, and Mississippi rivers. Other attractions include the Buffalo Park and Zoo and the Tupelo National Battlefield, the site of a Civil War battle.

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 including 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

Location
Gallery