Super 8 by Wyndham Olive Branch, Olive Branch, MS

Prime Acquisition Opportunity:

• Prime opportunity in DeSoto County's top submarket, Metro Memphis, offering a safe location off I-22 Exit, ideal for owner-operators.
• This two-story, interior-corridor property boasts 65 guestrooms, including a manager's quarters, and features 6-foot-wide corridors, masonry construction, and a pitched roof.
• Guests can enjoy a saltwater pool with all-new equipment and benefit from convenient on-site truck parking. Additionally, the property is strategically located across the street from a Flying J Travel Center, enhancing its appeal to travelers and truck drivers alike.
• Opportunity to grow RevPAR with onsite management with a focus on Revenue Management.
• Consistent revenue growth trend to build on with the already renovated Hotel.

Strong Financials:

• 3-year average revenue of $1.15M with growth potential from the area's economic expansion and strong demand for drivers.

Upside Potential:

• Revenue Growth Opportunities: Align ADR with market trends to enhance revenue per room while maintaining high occupancy.
• Strong Demand: Exceptional demand growth year-over-year demonstrates resilience and significant market potential.
• Operational Efficiencies: Leverage occupancy strength to introduce cost-saving measures and premium services to improve margins.

High-Growth Submarket:

• Located in Desoto County, a fast-growing Memphis metro area with a 40% population increase in the past two decades, driving higher demand for lodging and services.
• Olive Branch has seen strong growth in logistics, manufacturing, and healthcare sectors.,

Strategic Location:

• Strategic Location: Off Exit 6 from Interstate -22 in Olive Branch, MS, providing direct access to Memphis (26 miles) and Birmingham, AL (216 miles).
• Convenient Air Access: 17 miles from Memphis International Airport, a global cargo hub and major travel center.
• Tourism Hub: Proximity to Downtown Memphis, Easy access to the city's culture, dining, and nightlife.
• Conveniently located near Snowden Grove Park (10 miles), a premier 17-field baseball complex, and the Mike Rose Soccer Complex (8 miles), a 136-acre facility with 16 soccer fields and a 2,500-seat stadium.