TownePlace Suites Memphis Olive Branch | 7840 Craft Goodman Frontage Rd
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TownePlace Suites Memphis Olive Branch 7840 Craft Goodman Frontage Rd
95 Room Hotel Olive Branch, MS 38654 For Sale
Investment Highlights
- 4-story, 95-room hotel on 3.97± acres
- Conveniently located 15 minutes southeast of downtown Memphis, Tennessee
- Constructed in 2020
- Fee simple interest
Executive Summary
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.
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.
Property Facts
| Sale Type | Investment | No. Rooms | 95 |
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built | 2020 |
| Building Class | B | Parking Ratio | 1.95/1,000 SF |
| Lot Size | 3.39 AC | Corridor | Interior |
| Building Size | 56,898 SF |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 3.39 AC |
| Building Size | 56,898 SF |
| No. Rooms | 95 |
| No. Stories | 4 |
| Year Built | 2020 |
| Parking Ratio | 1.95/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Digital key
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 95 | $159.00 | - |
PROPERTY TAXES
| Parcel Number | 1069293000001200 | Improvements Assessment | $524,783 |
| Land Assessment | $88,078 | Total Assessment | $612,861 |
PROPERTY TAXES
Parcel Number
1069293000001200
Land Assessment
$88,078
Improvements Assessment
$524,783
Total Assessment
$612,861
zoning
| Zoning Code | C-4 (Commercial) |
| C-4 (Commercial) |
-
Keith Worsham -
Weston Worsham -
Hilco Real Estate
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TownePlace Suites Memphis Olive Branch | 7840 Craft Goodman Frontage Rd
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