404-514-0242
7904 Craft Goodman Frontage Rd, Olive Branch, MS for Sale
Hospitality - FOR SALE
1/4
null | Request Cap Rate

7904 Craft Goodman Frontage Rd
Olive Branch, MS 38654


HIGHLIGHTS

  • Fee simple interest in the Western Plus Desoto
  • Excellent frontage at the intersection of State Highway 78 & State Highway 302
  • 500± SF of on property meeting space
  • 2 miles from FedEx HQ & 4 miles from the William Sonoma distribution center

OVERVIEW

Hilco Real Estate is offering this Best Western Plus hotel for sale. Located in the Memphis submarket of Olive Branch, Mississippi, the recently built property features convenient access to I-78, I-55 and I-40. It is also only 15 minutes from downtown Memphis and the Memphis International Airport. HISTORICAL REVENUES 2021: $2,560,158 (83% Occ) 2022: $2,355,720 (73% Occ) 2023: $2,586,700 (78% Occ)

FOR SALE DETAILS

PRICE

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# OF ROOMS

87

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Best Western Plus Desoto

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2020

PARKING SPACES

43

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

C-4

APN/PARCEL ID

1069293000001400

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.