Phone No :
(757) 873-0962
I want to sell my hotel
Search Listings
Listings
Search Listing
New Listings
Featured Listing
Price Reductions
Call For Offers
Confidential Listing
Recent Sales
Services
Selling
Buying
Co-Brokerage
Confidentiality Agreement
About Us
Company Brochure
Our Team
Regional Offices
Customer Testimonials
News & Events
COVID-19 Info & Links
Recent Sales
Conferences / Trade Shows
Press
Customer Testimonials
Contact Us
Holiday Inn Express & Suites
Price:
$7,250,000
$7,100,000
[Currently Under Agreement]
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
Location/Market
Physical Plant
Financials
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.
Name
Name should not be empty.
Phone Number
Phone number should not be empty.
Email Address
Email address should not be empty.
Please check this box if you would like to subscribe to our weekly newsletter.
Submit
Financials
2019
2020
2021
2022
T-12Mos 1/23
Occupancy
79.97%
62.58%
80.56%
80.3%
82.4%
Average Daily Rate
$107.72
$108.77
$113.77
$110.15
$111.05
Room Revenue
$1,893,06
$1,559,01
$2,005,62
$2,106,549
$2,192,831
Net Operating Income
$859,826
$666,437
$988,284
$971,847
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!
©2023 Mumford Company | ALL RIGHTS RESERVED
Disclaimer
Website By TechArk Solutions
Mumford Company Is A Duly Licensed Real Estate Broker In Multiple States, for information on specific licensing, please
click here