Holiday Inn Express & Suites Jackson Downtown Coliseum

Highlights:

• Strong RevPAR Upside Potential
• Accessible to Key Southern Markets
• Downtown Location Near Major Leisure Demand Generators
• Region Dominated by Corporate Development
• Block and Plank Construction Asset Offered Well Below Replacement Cost
• Limited New Supply

Description:

RI Marketplace Online Auction April 7-9, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2381/holiday-inn-express-suites-jackson-downtown-coliseum?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=hospitality_2381


HREC Investment Advisors (“HREC IA”), in conjunction with RI Marketplace, is pleased to offer, to qualified investors, the opportunity to acquire the fee-simple interest in the 108-room Holiday Inn Express & Suites Jackson Downtown Coliseum (“Hotel” or “Property”), situated at 310 Greymont Ave Jackson, MS 39202.

Positioned immediately off Interstate 55, a north-south route connecting Jackson to vital southern markets like New Orleans and Memphis, the Hotel is ideally located in the heart of the Central Business District less than one mile from the Mississippi State Coliseum and Fairgrounds, Jackson State University, and State Capitol. The Hotel also benefits from its proximity to the University of Mississippi Medical Center, Mississippi’s largest hospital and a Level I trauma facility that receives about 27,000 annual patients with more than 418,000 outpatient and emergency visits each year. Dubbed the City with Soul, Jackson is an experiential urban area colored by an assortment of shopping and dining, as well as immersive museums showcasing the Civil Rights Movement and history. This block-and-plank construction Hotel boasts strong potential to boost RevPAR through gains associated with renovation, particularly due to its leading performance in a comp set saturated by few premium brands and assets with dated amenities. The fee-simple Hotel is offered unencumbered of management and well-below replacement costs, further representing a compelling investment opportunity.

William Head
c/o Fisher Auction Company Inc.
License: 892
Broker #: 19794

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