Studio 7 Extended Stay - Jackson 5925 I-55 76 Room Hotel Jackson, MS 39206 For Sale
INVESTMENT HIGHLIGHTS
- As IS without any Improvements with the Buyer doing all the Renovation and Opening the Property as an Extended Stay Hotel
- Substantial Value Add Opportunity. Several attractive extended stay re-branding options are available or conversion to Multifamily Apartments.
- Amazon Prime Distribution Center coming next door to the property with over 2.5K workers employed which will create constant demand flow for extended
- Solid Block Construction. Separate 3-Bedroom Manager's House. Offered at a substantial discount to replacement cost.
- More than $200MM in developments are currently planned for the region including a new $65MM University of Mississippi Medical Center facility Located
- Premium Location. Located Right off Interstate I-55 Frontage Road. Amazon Prime Center is opening next to the subject property late 2023.
EXECUTIVE SUMMARY
Please note the Hotel is Currently Closed
Call For All Serious Offers
Incredible Opportunity for the New Investor to Purchase, Renovate, and Reposition the property for Maximum Value Opportunity
Rooms: 76 (All Rooms are 2-Room Suites with Separate Full Kitchens and Living Room Area)
Rooms Configuration: 45 Rooms are 576 Sq. Ft. and 31 Rooms are 432 Sq. Ft.
Property Highlights:
2 Stories
4 Buildings
Exterior Corridor
Lot Size: 3.1 acres
Solid Block Construction
Separate 3-Bedroom Manager's House
Offered at a substantial discount to replacement cost
Substantial Value Add Opportunity
Several attractive extended stay re-branding options are available or conversion to Multifamily Apartments
More than $200MM in developments are currently planned for the region including a new $65MM University of Mississippi Medical Center facility Located less than 4 miles from the Subject Property
Amazon Prime Distribution Center coming next door to the property with over 2.5K workers employed which will create constant demand flow for extended stay customers
Close to all demand generators
Bank Financing Available
Location Highlights:
Premium Location
Located Right off Interstate I-55 Frontage Road
Amazon Prime Center is opening next to the subject property late 2023
Conveniently located just off I-55 near the I-220 confluence with upwards of 103,000 vehicles passing daily
Within minutes from 3 Large Universities located in Jackson MS
Proximate to all local Ridgeland demand including Nissan North America, University of Mississippi Medical Center, Mississippi Baptist Medical Center, Natchez Trace Parkway, and Barnett Reservoir
Just minutes from Downtown Jackson as well as the State Capitol and Capitol Museum, Trustmark Park, Mississippi Sports Hall of Fame and Museum, The Fondren District, LeFleur’s Bluff State Park, and Jackson Medgar-Evers International Airport
Property is located in the Heart of All Demand Generators the City of Jackson has to offer
Please Do Not Call The Hotel or Hotel Employees about the Sale of the Hotel. Absentee Owner.
Call For All Serious Offers
Incredible Opportunity for the New Investor to Purchase, Renovate, and Reposition the property for Maximum Value Opportunity
Rooms: 76 (All Rooms are 2-Room Suites with Separate Full Kitchens and Living Room Area)
Rooms Configuration: 45 Rooms are 576 Sq. Ft. and 31 Rooms are 432 Sq. Ft.
Property Highlights:
2 Stories
4 Buildings
Exterior Corridor
Lot Size: 3.1 acres
Solid Block Construction
Separate 3-Bedroom Manager's House
Offered at a substantial discount to replacement cost
Substantial Value Add Opportunity
Several attractive extended stay re-branding options are available or conversion to Multifamily Apartments
More than $200MM in developments are currently planned for the region including a new $65MM University of Mississippi Medical Center facility Located less than 4 miles from the Subject Property
Amazon Prime Distribution Center coming next door to the property with over 2.5K workers employed which will create constant demand flow for extended stay customers
Close to all demand generators
Bank Financing Available
Location Highlights:
Premium Location
Located Right off Interstate I-55 Frontage Road
Amazon Prime Center is opening next to the subject property late 2023
Conveniently located just off I-55 near the I-220 confluence with upwards of 103,000 vehicles passing daily
Within minutes from 3 Large Universities located in Jackson MS
Proximate to all local Ridgeland demand including Nissan North America, University of Mississippi Medical Center, Mississippi Baptist Medical Center, Natchez Trace Parkway, and Barnett Reservoir
Just minutes from Downtown Jackson as well as the State Capitol and Capitol Museum, Trustmark Park, Mississippi Sports Hall of Fame and Museum, The Fondren District, LeFleur’s Bluff State Park, and Jackson Medgar-Evers International Airport
Property is located in the Heart of All Demand Generators the City of Jackson has to offer
Please Do Not Call The Hotel or Hotel Employees about the Sale of the Hotel. Absentee Owner.
PROPERTY FACTS
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 3.10 AC |
| Building Size | 30,875 SF |
| No. Rooms | 76 |
| No. Stories | 2 |
| Year Built | 1975 |
| Corridor | Exterior |
| Zoning | C-3 - General Commercial |
AMENITIES
- Pool
- Meeting Event Space
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 76 | $70.00 | - |
1 of 1
PROPERTY TAXES
| Parcel Number | 0709-0004-002 | Improvements Assessment | $34,673 |
| Land Assessment | $65,132 | Total Assessment | $99,805 |
