572 E Beasley Rd - Hospitality FOR SALE


Jackson, MS 39206
$4,500,000 USD
404-398-2090
572 E Beasley Rd, Jackson, MS for Sale
$4,500,000 USD
Hospitality - FOR SALE
1/23
null | Request Cap Rate

572 E Beasley Rd
Jackson, MS 39206


HIGHLIGHTS

  • 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.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$123 USD /SF

# OF ROOMS

94

PRICE/ROOM

$47,872 {currency}

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Suburban Studios Jackson North - MS

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1999

PARKING SPACES

135

LAND DETAILS

LAND ACRES

2.07 AC

LAND SF

90,348 SF

ZONING

-

APN/PARCEL ID

0036-1000-008

ASK ABOUT THIS PROPERTY

Raiyan RabNumarix Real Estate ServicesMore Info
404-398-2090

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Raiyan RabNumarix Real Estate ServicesMore Info
404-398-2090

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.