Home2 Suites - MS

Property Description: Brand New Home2 Suites will Open in Q1 2019. The hotel has 82 spacious suites with high ceilings and quality construction. The hotel is located off Interstate 55 close to corporate businesses and manufacturers as well as a medical center and university. Just one hour from downtown Memphis. Projected strong net operating income at 43% - after management fee and capital reserves. Projected year 2 revenue is over $2.6 million and $1.1 million NOI.