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5723 I-55
Jackson, MS 39206
Quality Inn & Suites Jackson · Hospitality Property For Sale
·
78 Rooms
PROPERTY FACTS
| Property Type | Hospitality | No. Rooms | 78 |
| Property Subtype | Hotel | No. Stories | 3 |
| Building Class | B | Year Built/Renovated | 1997/2011 |
| Lot Size | 1.63 AC | Parking Ratio | 2.23/1,000 SF |
| Building Size | 33,674 SF | Corridor | Interior |
| Zoning | C - Hospitality - Check with City and County | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.63 AC |
| Building Size | 33,674 SF |
| No. Rooms | 78 |
| No. Stories | 3 |
| Year Built/Renovated | 1997/2011 |
| Parking Ratio | 2.23/1,000 SF |
| Corridor | Interior |
| Zoning | C - Hospitality - Check with City and County |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Smoke Detector
ABOUT 5723 I-55 , JACKSON, MS 39206
Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 78-room, 1997-constructed Fairfield Inn & Suites. The hotel is a three-story property located directly off of Interstate 55, a major thoroughfare in Jackson. As the state capital of Mississippi, Jackson is the state's most populous city and contains a wide variety of diverse demand generators including the University of Mississippi Medical Center, Northpark Mall, Mississippi Veterans Memorial Stadium, and many more. The Fairfield Inn & Suites flag is expiring October 2019, which provides a conversion opportunity to a different flag. The Best Western Flag is currently available for this hotel, and our projections assume the hotel is converted to a Best Western. The Fairfield Inn & Suites offers the opportunity for a new owner to acquire a well-performing property in an established market with minimal Property Improvement Plan (PIP) / renovation costs expected for a new owner.
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 17 | $102.00 | - |
| Guest Room | 61 | $83.00 | - |
PROPERTY TAXES
| Parcel Number | 0504-0870-002 | Improvements Assessment | $57,107 |
| Land Assessment | $73,311 | Total Assessment | $130,418 |
PROPERTY TAXES
