Holiday Inn Express & Suites


Price:
  $7,250,000   
$7,100,000

Address :
1275 Highway 35 South
Forest, MS 39074


  •  3-Story, interior corridor, limited service property in Central Mississippi
  •  Market leading franchise with Holiday Inn Express
  •  Solid history of revenue and occupancy growth
  •  Close to area demand generators and F&B options
  •  Great access and visibility from I-20
  •  Easy access to Jackson and Meridian MS MSAs
    View Map    View Aerial
  •  Located off Interstate 20, halfway between Jackson (Mississippi’s capitol) and Meridian
  •  Convenient to numerous transient services
  •  Close to Regional Demand Generators:
    •  Scott County-Forest Coliseum
    •  Lackey Memorial Hospital
    •  Roosevelt State Park and Livingston Arts & Media Center
    •  Raytheon Company Systems—MS
    •  Koch Foods, Tyson Foods and Peco Foods, Inc.
  •  3 Stories, Interior Corridor
  •  Wood Frame Construction
  •  Stucco and Brick Façade
  •  Asphalt—Shingled Roof (Approx. 10 Years Old)
  •  Asphalt Parking Lot
  •  Wireless Internet
  •  Breakfast Room (Seats 30)
  •  Meeting Space (Seats 25)
  •  Business Center
  •  Guest Laundry
  •  Elevator
  •  Fitness Center
  •  Outdoor Pool
  •  Built in 2002
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
2019
2020
2021
T-12Mos 11/22
Occupancy
79.97%
62.58%
80.56%
76.65%
Average Daily Rate
$107.72
$108.77
$113.77
$117.61
Room Revenue
$1,893,06
$1,559,01
$2,005,62
$2,040,116
Net Operating Income
$859,826
$666,437
$988,284
N/A
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!