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Howard Johnson on five acres with 124 rooms

Mississippi (Lee County)

Services - Hotels & Other Lodging

Asking Price $3,825,000 Inventory  
Gross Income $1,100,000 Real Estate  
Cash Flow $250,000 Year Established 1965
FF&E N/A Employees N/A

* included in the asking price

** not included in the asking price

THE PROPERTY IS CURRENTLY UNDERGOING AN APPROXIMATELY $1,100,000 COMPLETE RENOVATION. This Howard Johnson is a two-building, two-story, exterior corridor, limited service hotel with 124 rooms on approximately 5 acres of land. Built in 1965, the 42,000 square foot hotel is located in Tupelo, Mississippi, the birth place of Elvis and home to the new $1.3 billion Toyota plant. Guests can enjoy the hotel s proximity to local restaurants, businesses and tourist attractions.

Facilities: THE PROPERTY IS CURRENTLY UNDERGOING AN APPROXIMATELY $1,100,000 COMPLETE RENOVATION This Howard Johnson is a two-building, two-story, exterior corridor, limited service hotel with 124 rooms on approximately 5 acres of land.

AD # 382463

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