404-940-5108
639 S Canal St, Natchez, MS for Sale
Hospitality - FOR SALE
1/17
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639 S Canal St
Natchez, MS 39120


HIGHLIGHTS

  • An irreplaceable position along the banks of the Mississippi River, offering guests panoramic views and direct access to historic downtown.
  • Globally recognized Holiday Inn Express brand, including access to IHG’s robust reservation system and the IHG One Rewards loyalty program.
  • Natchez attracts over 700,000 visitors annually with its rich antebellum history, dynamic festivals, and distinctive Southern charm.
  • With no new supply planning, proposed, or under construction in the Natchez market, the competitive landscape remains favorable.
  • The Holiday Inn Express & Suites Natchez South is being offered unencumbered by a management agreement.

OVERVIEW

HREC Investment Advisors (“HREC IA”) is pleased to offer, to qualified investors, the opportunity to acquire the fee-simple interest in the 81-room Holiday Inn Express & Suites Natchez South , situated at 639 S Canal St Natchez, MS 39120. The Holiday Inn Express & Suites is located just steps from the scenic Mississippi River and minutes from the historic downtown district, just off Highway 425. The Hotel benefits from several highly stable demand generators within a ten-minute drive. These include the 179-bed Merit Health Natchez Hospital, the 98-bed Trinity Medical Hospital, Alcorn State University’s Natchez campus, and various federal and state government offices. Natchez is a nationally recognized heritage tourism hub, drawing over 700,000 annual visitors with its antebellum architecture, riverfront festivals, and historic landmarks such as the Natchez National Historical Park and Longwood Mansion. The Holiday Inn Express & Suites offers a compelling value-add opportunity on top of existing cashflows given the Hotel will be due for a full Change-of Ownership PIP. Furthermore, there is no new supply proposed, in final planning, or under construction in the entire city. The Holiday Inn Express & Suites Natchez South will be offered fee simple, unencumbered by management, at a discount to replacement cost.

FOR SALE DETAILS

PRICE

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# OF ROOMS

81

CAP RATE

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SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holiday Inn Express & Suites Natchez South

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2013

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.6 AC

LAND SF

69,696 SF

ZONING

B2

APN/PARCEL ID

0063-0003-0014.1

ASK ABOUT THIS PROPERTY

Bhavesh (B.J.) PatelHREC Investment AdvisorsMore Info
404-940-5108

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Bhavesh (B.J.) PatelHREC Investment AdvisorsMore Info
404-940-5108

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