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Suburban Studios Jackson North - MS 572 E Beasley Rd

94 Room Hotel Jackson, MS 39206 $4,300,000 ($45,745/Room)

Investment Highlights

  • Hotel is located Right off Interstate I-55
  • Renovated Hotel. Seller PIP Completed.
  • Possible Apartment Conversion Opportunity
  • All Kitchenette Rooms. 22 Rooms with 2-Bedroom Studios and 72 Rooms with 1-Bedroom Studios.
  • Turnkey Operations
  • Close to all demand generators. Bank Financing Available.

Executive Summary

Rooms: 94
Interior Corridor
Year Built: 1999
3 Stories
Hotel is located Right off Interstate I-55
All Kitchenette Rooms
22 Rooms with 2-Bedroom Studios and 72 Rooms with 1-Bedroom Studios
Renovated Hotel
Seller PIP Completed
Turnkey Operations
Possible Apartment Conversion Opportunity
Close to all demand generators
Bank Financing Available
Suburban Studios Jackson North - MS is located right of Interstate I-55. Situated in the heart of Jackson, the hotel offers convenient access to the city center. Boddie Mansion (Tougaloo Mansion House) (2.2 miles) and Freedom Corner (7.6 miles) are local landmarks, and the area's natural beauty can be seen at LeFleur's Bluff State Park (4.9 miles) and Riverside Park (5.3 miles). Mississippi Sports Hall of Fame (4.5 miles), Mississippi Agriculture (8 miles) and Forestry Museum (4.5 miles). Attractions within close proximity to the hotel include the Nissan North America (15.4 miles), the Mississippi State Capitol (7.5 miles), and the Entergy (8 miles). The hotel is within a 9.2-mile drive of Jackson State University. The Jackson-Evers International Airport is only 13 miles from the property.
Location Highlights:
- Proximity to Major Highways - Convenient access to major highways like I-55
- Medical Facilities - Close to medical centers like St. Dominic Hospital (4.5 miles) and University of Mississippi Medical Center (5.8 miles)
- Educational Institutions - Near several educational institutions, including Jackson State University (9.2 miles), Millsaps College (5.8 miles), and Belhaven University (5.5 miles )
- Recreational Activities - LeFleur's Bluff State Park (4.9 miles) and Mississippi Museum of Natural Science (5.3 miles)
- Cultural Attractions - Mississippi Civil Rights Museum (7.4 miles) and Mississippi Museum of Art (8.2 miles)
- Business and Convention Centers - Close to the Jackson Convention Complex (8.3 miles)
- Transportation - Easy access to public transportation options and short drive times to Jackson-Medgar Wiley Evers International Airport (13 miles)
Please Do Not Call The Hotel or Hotel Employees about the Sale of the Hotel. Absentee Owner.

Property Facts

Price $4,300,000
Price Per Room $45,745
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.07 AC
Building Size 36,524 SF
No. Rooms 94
No. Stories 3
Year Built/Renovated 1999/2023
Parking Ratio 3.7/1,000 SF
Corridor Interior

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Public Access Wifi
  • Fully-Equipped Kitchen

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 94 $99.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0036-1000-008
  • 0036-1000-008
Land Assessment
$81,409
Improvements Assessment
$325,358
Total Assessment
$406,767
  • Listing ID: 32791283

  • Date on Market: 8/14/2024

  • Last Updated:

  • Address: 572 E Beasley Rd, Jackson, MS 39206

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