404-514-0242
7840 Craft Goodman Frontage Rd, Olive Branch, MS for Sale
Hospitality - FOR SALE
1/5
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7840 Craft Goodman Frontage Rd
Olive Branch, MS 38654


HIGHLIGHTS

  • 4-story, 95-room hotel on 3.97± acres
  • Constructed in 2020
  • Conveniently located 15 minutes southeast of downtown Memphis, Tennessee
  • Fee simple interest

OVERVIEW

Hilco Real Estate is accepting offers for this recently built TownePlace Suites by Marriott located in the Memphis, Tennessee, submarket of Olive Branch, Mississippi. Located just 15 minutes from downtown Memphis, this hotel features roomy suites with full kitchens in addition to extended stay amenities like daily complimentary hot breakfast and an outdoor swimming pool and garden space. Please note that this hotel is being exclusively sold as a package deal with the adjacent Hilton Garden Inn Olive Branch. Hilco Real Estate, LLC in cooperation with Paul A. Lynn & Associates, LLC, MS Broker, Lic. #21483.

FOR SALE DETAILS

PRICE

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# OF ROOMS

95

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

TownePlace Suites Memphis Olive Branch

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2020

PARKING SPACES

111

LAND DETAILS

LAND ACRES

3.39 AC

LAND SF

147,546 SF

ZONING

C-4

APN/PARCEL ID

1069293000001200

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.