Investment Overview

Marcus & Millichap is pleased to offer the opportunity to acquire the Quality Inn & Suites located in Corinth, Mississippi. Subject property is located with proximity to Huntsville, Alabama and Memphis, Tennessee. Strategically located directly off highway-72 and Highway-45 the Quality Inn offers an ease of access and is walking distance to all restaurants and entertainment. Recently renovated and offered with minimal Property Improvement Plan for a new operator. This asset will bene?t from onsite management and operations as the property is currently operated by an out of state owner. This property is also located within an opportunity zone giving an owner several tax incentives. The hotel guest rooms come with free Wi-Fi, ?at-screen TVs and coffeemakers; some add microwaves and minifridges. Suites add whirlpool tubs, sofa beds and/or separate living rooms. Amenities consist of a seasonal outdoor pool, plus a meeting room, a picnic area and coin-operated laundry facilities. The Quality Inn & Suites is located close to all major demand generators including downtown historic Corinth, all shopping venues, two major parks, and Fort Robinette. The property is also under 2 miles away from the Crossroads arena which boasts the states largest arena ?oor and hosts events such as concerts, rodeos, trade shows and conventions as well as several specialty events throughout the year. Corinth is referred to as Mississippi's gateway city and home to many museums and the Civil War Interpretive Center.