157 Soldier Colony Rd | Canton, MS 39046
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157 Soldier Colony Rd
Canton, MS 39046
Holiday Inn Express & Suites Canton · Hospitality Property For Sale
·
40,073 SF
INVESTMENT HIGHLIGHTS
- Since 2022, this 80-room hotel has averaged $1,628,454 in annual rooms revenue, demonstrating stable top-line performance.
- Based on the pricing guidance, the deal underwrites to an attractive 2.99x RRM based on the hotel’s TTM rooms revenue through February 2025.
- Upon completion of the change-of-ownership PIP, an investor can expect a new long-term franchise license agreement with InterContinental Hotels Group.
- Per the February 2025 STR data, the hotel ranked third out of five in terms of both ADR and in RevPAR, underscoring strong potential for rate growth.
- This offering provides an investor the opportunity to acquire a well-performing, IHG-branded asset at a pre-PIP basis of $70,000 per key.
- This offering provides an investor the opportunity to acquire a recently renovated asset with operational upside in a rapidly growing market.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 2007/2017 |
| Building Class | B | Parking Ratio | 2.47/1,000 SF |
| Lot Size | 2.00 AC | Corridor | Interior |
| Building Size | 40,073 SF | ||
| Zoning | Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.00 AC |
| Building Size | 40,073 SF |
| No. Stories | 3 |
| Year Built/Renovated | 2007/2017 |
| Parking Ratio | 2.47/1,000 SF |
| Corridor | Interior |
| Zoning | Commercial |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 092G-26-009-07-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $480,720 |
PROPERTY TAXES
Parcel Number
092G-26-009-07-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$480,720
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