157 Soldier Colony Rd - Hospitality FOR SALE
Canton, MS 39046 |
157 Soldier Colony Rd
Canton, MS 39046
HIGHLIGHTS
- Since 2022, this 80-room hotel has averaged $1,628,454 in annual rooms revenue, demonstrating stable top-line performance.
- Per the February 2025 STR data, the hotel ranked third out of five in terms of both ADR and in RevPAR, underscoring strong potential for rate growth.
- Based on the pricing guidance, the deal underwrites to an attractive 2.99x RRM based on the hotel’s TTM rooms revenue through February 2025.
- This offering provides an investor the opportunity to acquire a well-performing, IHG-branded asset at a pre-PIP basis of $70,000 per key.
- Upon completion of the change-of-ownership PIP, an investor can expect a new long-term franchise license agreement with InterContinental Hotels Group.
- This offering provides an investor the opportunity to acquire a recently renovated asset with operational upside in a rapidly growing market.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Holiday Inn Express & Suites Canton
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
40073
STORIES
3
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
2007
PARKING SPACES
99
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
Commercial
APN/PARCEL ID
092G-26-009-07-00
