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6520 North 7th Street Suite 235
Phoenix, Arizona 85014
Phone: 602-954-7133 | Fax: 602-954-0996
info@apostlefitzgerald.com
Ramada Inn
Tupelo, Mississippi
106 Guest Rooms
Offering Price: $2,250,000
Property Overview:
The Ramada Inn is the only full service hotel in Tupelo, and consists of 106 guestrooms, restaurant, cocktail lounge, meeting, banquet, and conference rooms.
Highlights:
The Property has been extensively renovated, and is in excellent condition. The Tupelo region is the largest producer of upholstered furniture, and the second largest manufacturer of all furniture in the world.
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Price:
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$2,250,000
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Location:
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Tupelo, Mississippi
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Number of Rooms:
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106 Rooms
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Site Size:
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3.5+/- Acres
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2003 Average Daily Rate:
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$52.47
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2003 Room Revenue:
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$1,300,000.00
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2003 Food & Beverage Revenue:
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$344,293.00
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Per Unit Price:
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$21,226.00
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2003 Net Operating Income:
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$360,566.00
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Financing:
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New Required
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Note: The information shown above has been obtained from sources we believe to be reliable. While we do not doubt its accuracy, we have not verified it, and make no guarantee, warranty, or representation about it. It is your responsibility to independently confirm its accuracy and completeness.
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