Best Western Plus Desoto 7904 Craft Goodman Frontage Rd 87 Room Hotel Olive Branch, MS 38654 For Sale

This dual-hotel offering presents a rare opportunity to acquire two premium hospitality assets in the thriving Olive Branch submarket of Greater Memphis. The Hilton Garden Inn and TownePlace Suites by Marriott are strategically located along Craft Goodman Frontage Road, just 15 minutes southeast of downtown Memphis, offering seamless access to major business and leisure destinations.
Built in 2019 and 2020 respectively, both properties are fee simple and boast modern construction, efficient layouts, and strong brand recognition. The Hilton Garden Inn spans approximately 98,200 square feet across four stories and features 121 well-appointed guest rooms. TownePlace Suites complements the offering with 95 extended-stay units across 50,000 square feet, catering to both corporate and leisure travelers.
Historical occupancy rates have remained robust, with Hilton Garden Inn averaging nearly 80% and TownePlace Suites consistently above 85%. Revenue performance has shown steady year-over-year growth, with projected increases continuing into the next three years. This package offers investors a stabilized income stream with upside potential in a high-demand corridor.
Olive Branch benefits from proximity to Memphis International Airport, major distribution hubs, and a growing suburban population. The area’s business-friendly climate and regional connectivity make it a compelling location for hospitality investment.