Two Marriott Hotels
For Sale
Contact for pricing
119 Grand Dr, Hattiesburg, MS 39401
Two Marriott properties in Hattiesburg, Mississippi, offered as portfolio.
Property SizeContact for details
Days on Market200
Property Features for 119 Grand Dr
General Information
Standard status
Active
Property subtype
Hospitality
Occupancy
78%
Investment Type
Institutional
Listing Agency:
Avison Young - Atlanta
(404) 307-5116
Listed By:
Joe Jones · License #347019
Source:
Crexi
Added: Feb 10
Changed: Aug 8
Last Checked: Jul 17 at 6:51AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Avison Young - Atlanta
Investment Insights
Based on property information with market context.
This offering presents the opportunity to acquire two adjacent Marriott properties, the Courtyard by Marriott and the Residence Inn by Marriott, located in Hattiesburg, Mississippi. These assets are offered together as a single portfolio transaction, providing investors with immediate scale and brand diversification. The properties offer exposure to two of Marriott International’s select service and extended stay brands within a stable regional market. A Change of Ownership Property Improvement Plan (PIP) offers a value-add opportunity to enhance guest experience by complying with the latest brand standards. This is expected to drive rates and strengthen long-term competitive positioning within the Hattiesburg market, utilizing a top-performing reservation system. The hotels are strategically positioned to capture corporate, government, healthcare, university, and leisure demand, benefiting from strong brand affiliation. The Courtyard caters to transient business and leisure travelers with contemporary accommodations and full-service amenities. The Residence Inn serves extended-stay guests, project-based corporate travelers, and families, offering suite-style lodging with kitchens. This complementary demand mix enhances overall occupancy stability and revenue diversification across the portfolio.
Key Highlights
- Portfolio of two Marriott properties offering brand diversification.
- Value‑add opportunity through Property Improvement Plan (PIP).
- Strong brand affiliation with Marriott International.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
930
Businesses Nearby
Explore this area
Business Placement
Demographics for 39401, MS
43,183
Population
20,232
Households
2.1
Avg Household Size
32
Median Age
28%
College-Educated
89%
High-School Grad
188.9 sq mi
ZIP Area
229
Density / Sq Mi
$40,287
Median Household Income
$25,697
Median Earnings
$932
Median Rent
$120,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Hotel - Two Marriott properties in Hattiesburg, Mississippi, offered as portfolio.
Where is this hotel located?
The property is located at 119 Grand Dr Hattiesburg, MS.
What are key features of this property?
This property features: Portfolio of two Marriott properties offering brand diversification.; Value‑add opportunity through Property Improvement Plan (PIP).; Strong brand affiliation with Marriott International.
