122 Plaza Dr - Hospitality FOR SALE


Hattiesburg, MS 39402 | 
$7,500,000 USD
813-767-9953
122 Plaza Dr, Hattiesburg, MS for Sale
$7,500,000 USD
Hospitality - FOR SALE
1/17
null | 7.47% Cap Rate

122 Plaza Dr
Hattiesburg, MS 39402


HIGHLIGHTS

  • • $1.2MM in Recent Renovations - 2026
  • • 1.7+ Acres
  • • 1.9 Miles to University of Southern Mississippi
  • • YE 2025 NOI / Cap Rate: $560,306 NOI / 7.47% Cap Rate
  • • YE 2025 Room Revenue / RRM: $1,717,989 Room Revenue / 4.37x RRM
  • • YE 2025 ADR / RevPAR / OCC: $101.00 ADR / $69.19 RevPAR / 68.50% OCC

OVERVIEW

OFFERING OVERVIEW: Offered for sale is the Comfort Suites Hattiesburg near University, a Choice Hotels-branded property located in Hattiesburg, Mississippi. The hotel is strategically positioned near the University of Southern Mississippi and provides convenient access to the city’s primary commercial, educational, healthcare, military, and leisure demand generators. The property benefits from Hattiesburg’s central location and strong regional connectivity, with Interstate 59 and major U.S. highways providing access throughout South Mississippi and to New Orleans, Mobile, Jackson, and the Mississippi Gulf Coast. Hattiesburg serves as a regional hub for education and healthcare, anchored by the University of Southern Mississippi, Forrest General Health Services, Hattiesburg Clinic, and Camp Shelby. The University of Southern Mississippi alone generated an estimated $853 million in economic impact within the Hattiesburg MSA in FY 2025, supporting approximately 6,745 jobs. The combination of university-related travel, medical demand, military activity, business travel, sporting events, and leisure visitation provides the hotel with a diversified base of potential lodging demand. PROPERTY OVERVIEW: The subject property remains in good condition, supported by approximately $1.2 million in recent renovations and ongoing capital improvements by current ownership. *The PIP amount reflected in this Offering Memorandum is included solely as a placeholder for financial modeling and illustrative purposes only and should not be relied upon in evaluating the Property or making any investment or purchase decision. The cost of any Property Improvement Plan (PIP), including requirements related to a change of ownership, are not verified and will be determined solely by hotel franchisor upon issuance of an official PIP. The placeholder amount is not an estimate or a representation of actual PIP cost and may differ materially from the ultimate franchisor requirements. Actual PIP scope and cost are unknown, and prospective purchasers are solely responsible for independently verifying all franchise and PIP requirements and associated costs directly with the franchisor. All information contained herein is deemed reliable but not guaranteed. DSH Hotel Advisors has not independently inspected the Property and makes no representations or warranties regarding its physical condition or the accuracy or completeness of any financial information, documents, or other materials provided. MARKET OVERVIEW: Hattiesburg is a regional economic and transportation center in South Mississippi, commonly known as the “Hub City” due to its location at the intersection of Interstate 59 and several major U.S. highways. The market benefits from a diverse economic base led by healthcare, education, military, manufacturing, and retail activity. Major area employers include Forrest General Health Services, the University of Southern Mississippi, Hattiesburg Clinic, Camp Shelby, and Mar-Jac Poultry. Healthcare represents a particularly significant demand generator, with Greater Hattiesburg serving as a medical hub for a 19-county region. The market also benefits from two major universities, Southern Miss athletics and events, Camp Shelby activity, and leisure attractions including the Hattiesburg Zoo, Longleaf Trace, historic Downtown Hattiesburg, and the Saenger Theater. This mix of institutional, corporate, military, medical, university, and leisure demand helps support year-round lodging activity and positions Hattiesburg as one of South Mississippi’s primary regional markets. Property Highlights: • Comfort Suites Hattiesburg Near University • 67 Rooms | 3 Stories | Interior Corridor • Year Built - 1995 • $1.2M in Renovations - 2026 • Amenities Include: Indoor Pool, Fitness Center, Business Center, Dining Area, Guest Laundry, Grab-and-Go Market Location Highlights: • 1.9 Miles to University of Southern Mississippi • 2.3 Miles to Forrest General Hospital / Hattiesburg Medical District • 3.4 Miles to Lake Terrace Convention Center • 4.3 Miles to Hattiesburg Saenger Theater • 5.4 Miles to William Carey University • 15.2 Miles to Mississippi Armed Forces Museum • 15.8 Miles to Camp Shelby Joint Forces Training Center Financial Highlights: • List Price of $7,500,000 • YE 2025 NOI / Cap Rate: $560,306 NOI / 7.47% Cap Rate • YE 2025 Room Revenue / RRM: $1,717,989 Room Revenue / 4.37x RRM • YE 2025 ADR / RevPAR / OCC: $101.00 ADR / $69.19 RevPAR / 68.50% OCC

FOR SALE DETAILS

PRICE

$7,500,000 USD

PRICE/SF

$214 USD /SF

# OF ROOMS

67

PRICE/ROOM

$111,940 {currency}

CAP RATE

7.47%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Comfort Suites Hattiesburg Near University

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1995

PARKING SPACES

75

LAND DETAILS

LAND ACRES

1.78 AC

LAND SF

77,537 SF

ZONING

L18

APN/PARCEL ID

051J-12-043.000

ASK ABOUT THIS PROPERTY

Dennis Hopper CCIMDSH Hotel AdvisorsMore Info
813-767-9953

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Dennis Hopper CCIMDSH Hotel AdvisorsMore Info
813-767-9953

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