Strong RevPAR Upside Potential

The Hotel boasts strong potential to boost RevPAR from gains associated with renovation, due to its leading performance in a comp set saturated by few premium brands and dated amenities. In fact, the Hotel achieves a 116% RevPAR Index in the November 2024 TTM period.

Accessible to Key Southern Markets

Situated directly off Interstate 55, the Hotel enjoys access to the key north-south route that connects Jackson to vital Southern Markets, like Memphis and New Orleans.

Excellent Location in the Heart of Downtown Near Major Leisure Demand Generators

The Hotel is located in the heart of Jackson and benefits from proximity to primary leisure demand generators, like the Mississippi State Fairgrounds, State Capitol, and a variety of museums and cultural venues. It is also less than one mile from Jackson State University, an economic engine for the state that produced $329.3 million for the local economy in 2024.

Proximate to Leaders in Medical Innovation

The Hotel is less than three miles from three of Mississippi’s leading hospitals, including the University of Mississippi Medical Center and Medical School, which features a Level I trauma center and an affiliated academic program with more than 3,000 students. Other top-ranked area hospitals include the Mississippi Baptist Center and St. Dominic’s Hospital.

Region Dominated by Corporate Development

The Jackson metropolitan witnesses ongoing corporate development, evidence through major corporate entities relocating to the region, like Amazon, Nissan, and Continental Tire. The city’s ideal business-climate, coupled with tax incentives, encourage ongoing development and position Jackson as a hub for innovation and growth.

Limited New Supply

There is limited risk of supply saturation in Jackson, as only one new hotel is under construction and no new hotels are in final planning.

Block and Plank Construction Asset Offered Well Below Replacement Cost

The opportunity to acquire this block and plank construction asset well below replacement cost allows an investor to benefit substantially from a combination of location in a growing economy and upside opportunity. The national average cost of building a

hotel has increased significantly in the past few years. Given the size and condition of this Hotel, as well as the increased cost of labor and supplies in today’s market, we can reasonably assume that the construction of this Property would be significantly more

than the target selling price of this asset.

Fee Simple Interest & Offered Unencumbered by Management

The Holiday Inn Express & Suites Jackson Downtown Coliseum is offered as fee simple and unencumbered by a management agreement. An investor possesses the opportunity to bring in a new management company or to act as an owner/operator and seek to

revamp the operational strategy of the Hotel, implement strategic cost control initiatives, and employ more aggressive yield management strategies.