1505 Adams St Fulton, MS 38843-8442

This 72-key Holiday Inn Express & Suites in Fulton, Mississippi, presents a compelling investment opportunity. Boasting 39,950 square feet across four stories, this 2010-built hotel sits on a 2.12-acre lot directly off Interstate 22, offering convenient access and high visibility. Its strategic location between Memphis, Tennessee, and Birmingham, Alabama, ensures a consistent stream of travelers. The property includes desirable amenities such as an indoor swimming pool, fitness center, meeting room, and business center. Currently unencumbered by management, this presents a chance for hands-on operation and potential revenue growth. The asking price is $6,200,000, translating to $155.19 per square foot. A comprehensive improvement plan is scheduled under the "Formula Blue" initiative, further enhancing its value and appeal. The hotel's consistent year-over-year revenue stream makes it an attractive asset for investors seeking a well-positioned hospitality investment with significant upside potential. This is the newest hotel in its competitive set and is offered below replacement costs.