465 Briarwood Dr | Jackson, MS 39206
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465 Briarwood Dr
Jackson, MS 39206
Spark by Hilton Jackson Ridgeland · Hospitality Property For Sale
·
57,708 SF
Investment Highlights
- Fee Simple Interest opportunity for the 119-room, midscale hotel sitting on 2.25-acres just off I-55.
- There was minimal Covid-19 RevPAR interruption, with 2021 RevPAR exceeding the 2019 levels.
- There have been consistent revenue and cash flows despite absentee ownership, presenting the opportunity to add value with hands-on management.
- Four-story, interior-corridor structure built in 1985 and renovated with Move-to-Modern design scheme in 2018-2020.
- Premier Choice Hotels franchise affiliation with the ability to retain the flag after minimal PIP requirements.
Property Facts
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built/Renovated | 1985/2020 |
| Building Class | B | Parking Ratio | 2.56/1,000 SF |
| Lot Size | 2.25 AC | Corridor | Interior |
| Building Size | 57,708 SF | ||
| Zoning | C-3 - General Commercial District | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.25 AC |
| Building Size | 57,708 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1985/2020 |
| Parking Ratio | 2.56/1,000 SF |
| Corridor | Interior |
| Zoning | C-3 - General Commercial District |
Amenities
- Fitness Center
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Digital key
Property Taxes
| Parcel Number | 0504-0848-000 | Improvements Assessment | $237,230 |
| Land Assessment | $105,198 | Total Assessment | $342,428 |
Property Taxes
Parcel Number
0504-0848-000
Land Assessment
$105,198
Improvements Assessment
$237,230
Total Assessment
$342,428
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