4641 Frontage Rd Jackson, MS 39211
Exceptional investment opportunity awaits with this 75-key hotel in Jackson, Mississippi. Located at 4641 Interstate 55 North Frontage Rd, zip code 39211, this well-maintained property sits on a spacious 2.16-acre lot. Built in 1972 and renovated in 2017, the hotel offers modern amenities and a comfortable atmosphere for guests. The three-story building boasts a total gross building area of 600,000 square feet, with a typical floor size of 20,000 square feet. Its convenient location near major highways provides easy access for guests and attracts both tourists and business travelers. The surrounding area demonstrates strong demographics, with a projected population exceeding 100,000 and a median household income of $44,648 within a 5-mile radius. This property presents a remarkable investment opportunity due to its prime location, attractive features, and solid potential. The asking price is $1,295,000. This is a turnkey operation ready for a new owner to capitalize on its established presence and strong market position. The property's size and location make it an ideal investment for those seeking a substantial return in the thriving Jackson hospitality market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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