Holiday Inn Express


Price:
$8,600,000

Address :
112 Ridge Way
Jackson-Flowood, MS 39232


  •  Located in the heart of the newly developing WaterPointe (live, work, play community)
  •  Large established retail center adjacent to hotel
  •  Consistent revenues can be greatly enhanced with completion of PIP
  •  Only minutes from Jackson-Evers International Airport
    View Map    View Aerial
  •  The population center of Mississippi, the Jackson region is home to 598,875 people.
  •  The Holiday Inn Express & Suites sits in the heart of the commercial district within walking distance of numerous restaurants and retailers.
  •  Only 6 miles to Jackson-Evers International Airport
  •  Close to Regional Demand Generators:
    •  1.2 Miles to Flowood Liberty Park
    •  3 Miles to The Refuge Golf Course
    •  5.4 Miles to Mississippi Agriculture & Forestry Museum
    •  6 Miles to Mississippi Children’s Museum
    •  7.3 Miles to University of Mississippi Medical Center
    •  9 Miles to Mississippi State Capitol Building
    •  11 Miles to Jackson State University
  •  4 Stories
  •  Interior Corridors
  •  Concrete and Steel Construction
  •  Stucco Facade
  •  Pitched Roof with Composition Shingles
  •  Asphalt Parking Lot
  •  Complimentary Breakfast Room (Seats ±40)
  •  Meeting Space
  •  Business Center
  •  2 Elevators
  •  Fitness Center
  •  Seasonal Outdoor Pool
  •  Wireless Internet
  •  Built 2006
Thank you for your interest in this Mumford Company Listing. In order to review the financial and operating performance of this property, please complete the required fields below. If you are a real estate broker, please click here and you will be directed to our co-brokerage registration form.




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Financials
2017
2018
T-12Mos 9/19
Occupancy
70.71%
72.04%
70.05%
Average Daily Rate
$109.24
$108.51
$110.53
RevPar
$77.24
$78.17
$77.43
Room Revenue
$2,819,385
$2,853,210
$2,826,121
Net Operating Income
$1,115,762
$1,135,200
$1,116,299
This is a confidential offering intended for the recipient's use in determining the advisability of negotiating for purchase. Do NOT Contact the Property Directly! All Showings by Appointment Only!