MainStay Suites and Sleep Inn & Suites Hospitality FOR SALE


Meridian, MS | 
$5,800,000 USD
404-398-2090
, Meridian, MS for Sale
$5,800,000 USD
Hospitality - FOR SALE
1/56
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MainStay Suites and Sleep Inn & Suites
Meridian, MS


HIGHLIGHTS

  • Hotel is located just right off Interstates I-20 and I-
  • 2 miles from Downtown
  • Close to All Demand Generators
  • Bank Financing Available

OVERVIEW

MainStay Suites and Sleep Inn & Suites - Meridian, MS, is conveniently located right off Interstates I-20 and I-59. The hotel provides easy access to a variety of local attractions, including the Mississippi Industrial Heritage Museum (2 miles), Mississippi State University - Meridian (2 miles), and Merrehope (4 miles). Bonita Lakes (3 miles), Dunn’s Falls Water Park (12 miles), Okatibbee Lake (18 miles), and the Okatibbee State Wildlife Area (18 miles) are all within a short drive. The MSU Riley Center (2 miles), Silver Star Casino (32 miles), and the Bienville National Forest (60 miles) are also nearby. Magnolia Steel (5 miles), Sara Lee (6 miles), Lockheed Martin (7 miles), and Avery Dennison (8 miles) are in close proximity, and the Mississippi National Guard is only 4 miles away. The Amtrak Train Station and Greyhound Bus Station are just 2 miles from the hotel. The nearest airport, Meridian Regional Airport (Key Field), is located 5 miles away, while Blue Grass Airport is 22 miles from the property. This property offers a strong investment opportunity due to its strategic location along I-20 and I-59, providing convenient access to major business, leisure, and transportation demand generators. The property benefits from its proximity to major employers and institutions, including Magnolia Steel, Sara Lee, Lockheed Martin, Avery Dennison, Mississippi State University – Meridian, and the Mississippi National Guard. Its location near local attractions, Bonita Lakes, Okatibbee Lake, the MSU Riley Center, and other regional destinations supports consistent leisure and extended-stay demand. Additionally, convenient access to the Amtrak Train Station, Greyhound Bus Station, and Meridian Regional Airport enhances the property's accessibility for both business and leisure travelers. With two established hotel brands under one property, a diverse mix of demand drivers, and a location serving both commercial and recreational traffic, this property presents an attractive opportunity for an investor seeking a well-positioned hospitality asset in Meridian. Location Highlights: 1. Proximity to Major Highways - Located near Interstate 20 (I-20) and Interstate 59 (I-59), providing direct access to Birmingham, Jackson, and New Orleans. 2. Close to Meridian Regional Airport (MEI) - Approximately 5 miles from the airport, ensuring convenient access to regional flights. 3. Near Downtown Meridian - About 2 miles from Downtown, offering access to shopping, dining, and entertainment options. 4. Nearby Attractions MSU Riley Center - 2 miles Mississippi Industrial Heritage Museum - 2 miles Meridian Museum of Art - 2 miles Dumont Plaza - 2 miles 5. Medical Facilities - Ochsner Rush Health (2.5 miles) and Anderson Regional Medical Center (3 miles) provide nearby healthcare services. 6. Retail and Dining Bonita Lakes Mall - 1.5 miles Various local and chain restaurants are within a 1–2 mile radius. 7. Outdoor and Recreational Areas Bonita Lakes Park - 3 miles Lakeview Golf Course - 5 miles 8. Industrial and Business Hubs - Close to Meridian Regional Industrial Park and Key Field Industrial Park, supporting regional economic activity. Meridian, Mississippi, is undergoing a substantial economic evolution, transitioning from its traditional rail and defense background into a major regional hub for digital infrastructure, workforce development, and cultural tourism. The primary upcoming developments driving sales and business opportunities in Meridian include: 1. The $10 Billion Compass Datacenters Campus (Hyperscale Industrial & B2B Catalyst) The largest single economic development catalyst in the Lauderdale County region is the massive hyperscale data center development. The Project: Compass Datacenters is constructing an eight-building, multi-phase data center campus delivering up to 320MW to 500MW of power capacity. B2B & Industrial Services: High-demand for heavy equipment rental, electrical supplies, commercial security, site maintenance, and fiber-optic contracting. Hospitality & Retail: Steady demand for extended-stay lodging, corporate housing, workforce catering, and daily consumer retail. 2. Meridian Community College Transportation Technology Center (Workforce & Trade Sales) Meridian Community College (MCC) is delivering a major $1.34+ million facility renovation to house its new Transportation Technology Center. The Project: Backed by state and regional infrastructure grants, the center provides specialized hands-on technical training for diesel maintenance, automotive technology, and aviation mechanics. 3. Downtown Meridian Revitalization & Arts District Growth Building on the anchor presence of the Mississippi Arts + Entertainment Experience (The MAX) and the Threefoot Hotel (a Marriott Tribute Portfolio property), downtown Meridian continues to expand its "Go Cup" entertainment district. The Project: Urban renewal efforts and city-backed infrastructure investments (including Arts District parking enhancements and streetscape upgrades) are aimed at revitalizing historic storefronts and upper-story spaces. 4. Naval Air Station (NAS) Meridian & Defense Logistics Naval Air Station Meridian remains one of the area’s largest single economic engines, supporting jet pilot training and military personnel. The Impact: Ongoing facility upgrades and training programs maintain a steady military and civilian contractor presence in Lauderdale County. 5. Municipal Infrastructure & Highway Upgrades The City of Meridian is advancing several long-term capital improvement projects, including the Safe Streets and Roads for All initiative and extensive water/sewer utility rehabs. Please Do Not Call The Hotel or Hotel Employees about the Sale of the Hotel. Absentee Owner.

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Raiyan RabNUMARIXMore Info
404-398-2090

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Raiyan RabNUMARIXMore Info
404-398-2090

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