Candlewood Suites Tupelo North

For Sale

979 N Gloster St, Tupelo, MS 38804

This Tupelo property for sale is located at 979 N Gloster St. The current listed sale price for Candlewood Suites Tupelo North is Subject To Offer. Candlewood Suites Tupelo North is situated on a lot that is 1.58 acre in size.

Contacts

broker

Keith Worsham

Hilco Real Estate

(404) 514-0242

Property Details

  • Property Type Other
  • Property Size 41,996 SF
  • Units 79
  • Lot Size 1.58 Acre
  • Year Built 2013
  • Date Updated Mar 6, 2024
Candlewood Suites Tupelo is centrally located at the intersection of North Gloster Street and McCullough Boulevard. 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.Hilco Real Estate is pleased to present this 79-room Candlewood Suites hotel located in Tupelo, Mississippi. Candlewood Suites features amenities including a fitness center, guest laundry services, fully equipped kitchens and more. The city is located in the northeast corner of Mississippi, which is commonly known as the Hills 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: $2,171,102 (83% Occ) 2020: $1,906,031 (71% Occ) 2021: $2,509,222 (87% Occ) 2022: $2,010,663 (68% Occ) PROJECTED REVENUES: Year 1: $2,182,170 (70% Occ) Year 2: $2,439,627 (73% Occ) Year 3: $2,662,434 (76% Occ) Year 4: $2,242,373 (76% Occ) Year 5: $2,824,535 (76% Occ) Hilco Real Estate, LLC in cooperation with Paul A. Lynn & Associates, LLC, MS Broker, Lic. #21483.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • 79-room, 4-story property on 1.58 AC
  • Centrally located at the intersection of Gloster Street & McCullough Boulevard
  • Near Tupelo’s top attractions including Tupelo Buffalo Park & Zoo, Tupelo National Battlefield, BancorpSouth Arena & Elvis Presley’s birthplace
  • Amenities include a restaurant, indoor pool, business center, fitness center, fully-equipped kitchens, self-laundry services, outdoor gazebo grill area

Attachments

Getting around

  • 51/100

    Walk Score ®

  • 37/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Tupelo, MS
  • Neighborhood Tupelo
  • Zip Code 38804

Points of Interest

  • Exxon

    1.56 miles

  • Dodges Store

    1.77 miles

  • Chevron

    2.05 miles

  • BP

    2.64 miles

  • Tesla Supercharger

    2.94 miles

  • Shell

    3.10 miles

  • Texaco

    3.31 miles

  • Belden Truck Stop

    4.68 miles

  • Palmetto Quick Stop

    6.15 miles

  • Exxon

    7.15 miles

  • Loves' # 398 - Tupelo

    5.31 miles

  • Holiday Inn Hotel & Suites Tupelo North

    0.02 miles

  • Candlewood Suites Tupelo North

    0.05 miles

  • Travelers Motel

    0.06 miles

  • Rodeway Inn & Suites Tupelo

    0.09 miles

  • Clarion Inn and Summit Center

    0.16 miles

  • Economy Inn

    0.30 miles

  • Motel 6 Tupelo

    0.34 miles

  • Red Roof Inn Tupelo

    0.37 miles

  • Comfort Inn

    0.37 miles

  • La Quinta Inn & Suites Tupelo

    0.40 miles

  • Kroger

    0.91 miles

  • Walmart Neighborhood Market

    1.18 miles

  • Walmart Supercenter

    1.67 miles

  • Walmart Supercenter

    2.63 miles

  • Barnes Crossing Mall

    2.70 miles

  • Mall at Barnes Crossing

    2.73 miles

  • Ross

    2.92 miles

  • Kohl's

    2.95 miles

  • ALDI

    3.01 miles

  • Kroger

    3.32 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Keith Worsham

Hilco Real Estate

(404) 514-0242