Overview
HREC Investment Advisors (“HREC IA”) is pleased to offer, to qualified investors, the opportunity to acquire the fee-simple interest in the 91-room Homewood Suites Jackson-Ridgeland (“Hotel” or “Property”), situated at 853 Centre St, Ridgeland, MS 39157.
The acquisition of the Homewood Suites Jackson-Ridgeland (the “Property” or “Hotel”) presents an excellent opportunity to acquire a fully renovated hotel with the strength of the Hilton brand, stable operating performance, and strategic positioning in a high-demand submarket of the Jackson MSA. The hotel’s location is a key strength, positioned just minutes from major corporate offices, healthcare institutions, government centers, and upscale tourism and leisure destinations. This proximity drives consistent demand from a diversified base of corporate, leisure, and extended-stay travelers. Operating under the Homewood Suites by Hilton flag, the property benefits from strong brand recognition, participation in the Hilton Honors loyalty program, and premium RevPAR performance compared to the hotels in its comp set. The Jackson-Ridgeland market continues to display resilient economic fundamentals, underpinned by sectors such as government, healthcare, manufacturing, and education—offering a foundation for sustained hotel performance.
Investment Highlights
Newly Renovated Property
The Homewood Suites Jackson-Ridgeland underwent significant renovations in 2023 and 2024, allowing a buyer the opportunity to acquire a turn-key asset.
RevPAR Growth in Jackson
According to the December 2024 STR Report, the Jackson I-55 North/Clinton, MS submarket showed RevPAR growth of over 14% in the running 3-month period and over 20% in December alone. This increase indicates continued demand for the Hotel’s submarket.
Strong Brand Affiliation
The Hotel operates under the Homewood Suites by Hilton flag, a leading brand in the extended-stay segment. Known for driving premium occupancy and loyalty-driven revenues, the Hotel offers an investor the opportunity to enter a growing market through a quality Hilton product.
I-55 Highway Access
The Homewood Suites by Hilton Jackson-Ridgeland benefits from a convenient location just off Interstate 55 at Exit 103, making it easy for guests to travel to and from downtown Jackson, the airport, and other nearby destinations.
Offered Unencumbered by Management
The Hotel is being offered unencumbered by a management agreement. An investor possesses the opportunity to bring in a new management company or to act as an owner/operator.
Fee Simple Interest
The Property will be offered as fee simple.
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