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Homewood Suites by Hilton Jackson-Ridgeland 853 Centre St 91 Room Hotel Ridgeland, MS 39157 For Sale
INVESTMENT HIGHLIGHTS
- Fully renovated in 2023–2024; turn-key investment opportunity.
- Homewood Suites by Hilton drives occupancy and loyalty.
- No management contract; flexible operator options.
- 14%+ RevPAR growth; 20%+ in Dec 2024 shows strong demand.
- Prime location just off I-55 at Exit 103 for easy access.
- Offered as fee simple; full ownership opportunity.
EXECUTIVE SUMMARY
The Homewood Suites by Hilton Jackson-Ridgeland presents a compelling investment opportunity, highlighted by a full property renovation completed in 2023 and 2024, offering a buyer a true turn-key asset. Situated in the Jackson I-55 North/Clinton, MS submarket, the hotel benefits from strong market fundamentals, as evidenced by over 14% RevPAR growth in the three months leading up to December 2024 and a remarkable 20% increase in that month alone, per the STR Report. The property operates under the well-regarded Homewood Suites by Hilton brand, which is synonymous with premium occupancy levels and high loyalty-driven revenues in the extended-stay segment. Its strategic location just off Interstate 55 at Exit 103 ensures convenient access to downtown Jackson, the airport, and key regional destinations. Additionally, the hotel is offered unencumbered by a management agreement, allowing investors the flexibility to install their preferred operator or manage the asset directly. This fee simple offering provides a rare opportunity to acquire a recently renovated, well-branded hotel in a growing and accessible market.
PROPERTY FACTS
| Sale Type | Investment | No. Rooms | 91 |
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1997/2023 |
| Building Class | B | Tenancy | Single |
| Lot Size | 3.94 AC | Parking Ratio | 1.83/1,000 SF |
| Building Size | 59,506 SF | Corridor | Interior |
| Zoning | Commercial - Commercial district zone | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 3.94 AC |
| Building Size | 59,506 SF |
| No. Rooms | 91 |
| No. Stories | 3 |
| Year Built/Renovated | 1997/2023 |
| Tenancy | Single |
| Parking Ratio | 1.83/1,000 SF |
| Corridor | Interior |
| Zoning | Commercial - Commercial district zone |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Digital key
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 91 | $199.00 | - |
1 1
PROPERTY TAXES
| Parcel Number | 072I-31C-011-01-05 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $879,887 |
PROPERTY TAXES
Parcel Number
072I-31C-011-01-05
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$879,887
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Homewood Suites by Hilton Jackson-Ridgeland | 853 Centre St
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