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493 Springridge Rd
Clinton, MS 39056
Hampton Inn and Suites - Jackson-Clinton · Hospitality Property For Sale
·
35,306 SF

PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1999/2024 |
| Building Class | B | Tenancy | Single |
| Lot Size | 1.73 AC | Parking Ratio | 1.84/1,000 SF |
| Building Size | 35,306 SF | Corridor | Interior |
| Zoning | Commerical | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.73 AC |
| Building Size | 35,306 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1999/2024 |
| Tenancy | Single |
| Parking Ratio | 1.84/1,000 SF |
| Corridor | Interior |
| Zoning | Commerical |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ABOUT 493 SPRINGRIDGE RD , CLINTON, MS 39056
Projected 2018 Revenue $2 Million .Premier Interstate Location , Just Off the Exit .Conveniently located off I-20 West on Springridge Road. This hotel is just minutes from the State Capital and all attractions near the Jackson/Clinton hotel. Numerous Demand Generators in the nearby capital city of Jackson. Situated in the Jackson metropolitan area,Clinton ,Mississippi. Clinton and Hinds County, Mississippi have been selected to be the premier location of Continental Tire’s most technologically advanced tire plant in North America. Broke ground in December 2016, this new tire plant will create thousands of career opportunities for Mississippi’s workforce and significant contractor opportunities throughout the state. Year Built : PIP Hampton Inn By Hilton Forever Young Renovation Under Process . Property will be delivered with 15 year Hilton Franchise Transfer with PIP Renovation being completed. Strong top-line performance with considerable NOI upside potential. Turkney Investment . The hotel offer prospective buyers an attractive per-key acquisition price and well below replacement cost for a Hilton Branded Turkey Hotel . The hotel is concrete block and steel construction with spacious rooms and corridors. In February 2016, Gov. Phil Bryant and officials from Continental announced the company would locate the plant, the company’s most technologically advanced in North America, in Hinds County. A $1.45 billion corporate investment, the new plant will be located on Norrell Road off I-20 West adjacent to the city of Clinton. The hotel offers significant operational and revenue upside potential across all key market segments. Site preparation is currently underway, and the plant’s ground breaking is slated for November 2016. Construction will begin in Summer 2018. Continental Commercial Vehicle Tires is one of the largest manufacturers of truck, bus and commercial specialty tires worldwide. The business unit is continuously developing from a pure tire manufacturer to a solution provider, offering a broad range of products, services and tire-related solutions. For more information about Continental Corporation, visit www.continental-corporation.com. Excellent opportunity for Purchaser to immediately implement strong, stable cash flow increases with ability to further increase maximize its potential and overall income as onsite management effort is implemented.The Hampton Inn and Suites in Jackson,Clinton is an attractive,Solid Reinforced Concrete Built, Three-story building with 71 guestrooms, located in the popular vacation destination of Clinton,Jackson which also boasts the upscale best school district in the State of Mississippi. The Hotel will be completing the Forever Young Initiative, which allows prospective buyers the opportunity to acquire Hilton branded asset that will require no renovation and will generate significant cash flow with good management.
PROPERTY TAXES
| Parcel Number | 2860-0834-762 | Improvements Assessment | $275,250 |
| Land Assessment | $37,800 | Total Assessment | $313,050 |
PROPERTY TAXES
Listing ID: 11893729
Date on Market: 3/12/2018
Last Updated:
Address: 493 Springridge Rd, Clinton, MS 39056
The Hospitality Property at 493 Springridge Rd, Clinton, MS 39056 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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