Property summary
This exceptional 62-room property, built in 2008 and situated on 1.36 acres in Meridian, Mississippi, presents a unique investment opportunity. Currently operating as a highly successful, fully renovated assisted living facility (awarded "Best of Senior Care" twice by a leading third-party service), this three-story building offers a straightforward conversion back to a hotel. Its strategic location near I-20/I-59, Bonita Lakes Mall, and major healthcare facilities (Anderson Regional Medical… Center and Rush Foundation Hospital) ensures high visibility and accessibility. The property benefits from proximity to significant employers, including the City of Meridian, Meridian Public School District, East Mississippi State Hospital, and two military installations (Naval Air Station Meridian and Key Field), employing over 5,000 people. The strong tourism sector in Meridian, with high hotel occupancy rates and projected growth, further enhances the investment potential. The existing infrastructure, including a newly constructed commercial kitchen and community room, provides a solid foundation for a seamless transition. Several upper-midscale hotel franchises offer key money incentives for conversion, making this a compelling opportunity for investors seeking a high-return asset in a thriving market. The property's versatility, strong location appeal, and steady demand make it an attractive option for both hotel conversion and continued operation as a senior care facility. Downtown Meridian's cultural attractions, such as the MSU Riley Center and the Meridian Museum of Art, are also within easy reach, adding to the property's appeal. This turnkey opportunity combines the benefits of a proven, successful business model with the potential for significant upside through hotel conversion.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
8 properties nearbyComparable nearby
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 1.36 ac
- Year built
- 2008
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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