5035 Interstate 55 North Frontage Rd - Hospitality FOR SALE


Jackson, MS 39206- North Jackson
$6,495,000 USD
602-648-2700
5035 Interstate 55 North Frontage Rd, Jackson, MS for Sale
$6,495,000 USD
Hospitality - FOR SALE
1/10
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5035 Interstate 55 North Frontage Rd
Jackson, MS 39206
North Jackson


HIGHLIGHTS

  • Extended stay, all-suite hotel, with full bar on site
  • Fully gutted and renovated to the Gemini Package - Completed in 2024
  • Total 2024 Income: $1,874,212
  • Additional .75 acres available with purchase
  • 2 bedroom/2 bath manager’s apartment on site

OVERVIEW

Property Description Devesh "Devo" Ragha of NewGen Advisory is proud to present for sale the Studio 6 (Jackson, MS - I-55) in Jackson, MS. The Studio 6 provides a comfortable and budget-friendly option for extended stays, catering to both business and leisure travelers. The property features a variety of modern, well-maintained rooms that include fully equipped kitchens, offering guests the convenience of preparing their own meals during their stay. Each room is designed for comfort and functionality, providing a welcoming environment for both short and long-term visits. Location Description Located in a prime area, Studio 6 (Jackson, MS - I-55) offers convenient access to local attractions, shopping, dining, and business centers—making it an ideal choice for both business and leisure travelers. Guests can enjoy close proximity to the Outlets of Mississippi Shopping Mall, a variety of restaurants, Top Golf, museums, and a range of indoor and outdoor entertainment and activities. Whether guests are in town for work, exploring the area, or in need of a temporary home base, Studio 6 provides an affordable, comfortable, and flexible stay.

FOR SALE DETAILS

PRICE

$6,495,000 USD

PRICE/SF

$100 USD /SF

# OF ROOMS

88

PRICE/ROOM

$73,807 {currency}

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Studio 6 Jackson, MS - I-55

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1973

PARKING SPACES

124

LAND DETAILS

LAND ACRES

2.82 AC

LAND SF

122,839 SF

ZONING

C-2

APN/PARCEL ID

0507-0359-000

ASK ABOUT THIS PROPERTY

Devo RaghaNewGen AdvisoryMore Info
602-648-2700

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Devo RaghaNewGen AdvisoryMore Info
602-648-2700

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