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Property profile & analytics
OFF-MARKET Estimated value $725,000
Hotels

572 Beasley Rd Jackson, MS 39206

24,890 SF 2.07 ac lot Built 1999
Entity Owned 20-yr Hold Free & Clear
Property ID
US50-0171815
Property summary
AI-generated overview

This 94-key hotel in Jackson, Mississippi, presents a compelling investment opportunity. Located at 572 Beasley Rd, Jackson, MS 39206, this three-story, 1999-built property boasts an ideal location right off Interstate I-55, providing convenient access to major highways and the city center. The hotel features 94 rooms, including a mix of 72 one-bedroom and 22 two-bedroom studio units, all equipped with kitchenettes. Recent renovations and a completed seller-performed property improvement plan (PIP) ensure a turnkey operation. The property's strong performance is further enhanced by its proximity to numerous demand generators, including Jackson-Evers International Airport (13 miles), Jackson State University (9.2 miles), major medical facilities like St. Dominic Hospital and the University of Mississippi Medical Center, and various cultural attractions such as the Mississippi Civil Rights Museum and the Mississippi Museum of Art. The hotel's location also offers easy access to business and convention centers, including the Jackson Convention Complex. The property's interior corridor design and its strategic location near educational institutions, recreational areas like LeFleur's Bluff State Park, and major employers like Nissan North America, contribute to its high occupancy potential. Furthermore, the property offers a potential for conversion into apartments, adding to its long-term investment value. Bank financing is available. Asking price is $4,500,000.

Property profile
Verified
Property type Hotels
Use group HOTEL
Year built 1999
Total area 24,890 SF
Lot 2.07 ac (89,991 SF)
APN 0709 0361 008
UPID US50-0171815
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Extended Stay America - Jackson - East Beasley Road Hotel & Motel Vacation Rental
  • Suburban Studios Jackson North Hotel & Motel Vacation Rental
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$645k
CAP Approach CAP
by Request
Comparable Approach Comparable
$803k
Blend (final) Blend
$725k
Owner & transaction history
Bre Esa Properties LLC · 20 yrs held
Bre Esa Properties LLC
since 2006
3 recorded transactions
2006
Price N/A
2004
Price N/A
2002
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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