10 Gateway Dr - Hospitality FOR SALE


Hattiesburg, MS 39402
$18,250,000 USD
917-596-6578
10 Gateway Dr, Hattiesburg, MS for Sale
$18,250,000 USD
Hospitality - FOR SALE
1/12
null | Request Cap Rate

10 Gateway Dr
Hattiesburg, MS 39402


HIGHLIGHTS

  • Premier Hilton affiliation
  • High barrier-to-entry market
  • Meeting & event space revenue opportunity
  • Strong, diverse demand generators
  • Strategic interstate location - central to business, healthcare & education centers
  • Strong in-place performance with operational upside within a growing regional economy

OVERVIEW

Property Description NewGen Advisory, as sole and exclusive agent for Ownership, has been retained to offer for sale the 138-room DoubleTree by Hilton Hattiesburg. The DoubleTree by Hilton Hattiesburg presents a rare opportunity to acquire a premium, full-service hotel asset strategically located in one of Mississippi’s most dynamic and steadily growing markets. Positioned at the gateway to the city along I-59 and minutes from the University of Southern Mississippi, this 138-key property benefits from strong brand recognition, diversified demand generators, and recent capital improvements that enhance its competitive standing. With robust in-place cash flow, significant operational upside, and the strength of the Hilton loyalty program, the DoubleTree Hattiesburg is ideally poised for both immediate yield and long-term value appreciation. For investors seeking a well-located, institutional-quality asset with proven performance and future growth potential, this offering checks all the boxes. Whether you're looking to expand an existing portfolio, enter a thriving secondary market, or capitalize on the stability and reputation of the Hilton brand, the DoubleTree Hattiesburg delivers a compelling investment opportunity with durable income and clear avenues for further value creation. Location Description Hattiesburg, Mississippi, located in the southern part of the state, is a vibrant city known for its rich history, diverse culture, and welcoming community. Often referred to as the "Hub City" due to its central location connecting major highways, Hattiesburg serves as a key regional center for business, education, and healthcare. The city is home to the University of Southern Mississippi and William Carey University, adding to its lively atmosphere. Hattiesburg boasts a mix of Southern charm with modern amenities, offering parks, museums, and local restaurants that highlight the area’s unique culture and heritage.

FOR SALE DETAILS

PRICE

$18,250,000 USD

PRICE/SF

$223 USD /SF

# OF ROOMS

138

PRICE/ROOM

$132,246 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Doubletree by Hilton Hattiesburg

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

5

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2000

PARKING SPACES

188

LAND DETAILS

LAND ACRES

5.39 AC

LAND SF

234,788 SF

ZONING

Commercial

APN/PARCEL ID

2-025I-36-018.00

ASK ABOUT THIS PROPERTY

Amiti BhowNewGen AdvisoryMore Info
917-596-6578

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Amiti BhowNewGen AdvisoryMore Info
917-596-6578

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.