for sale
Holiday Inn Express & Suites Fulton
1505 S Adams St | Fulton, MS 38843
Investment Highlights
- Pre-financing approved
- 72 units, 4 stories
- Interior corridor, indoor swimming pool, fitness center, meeting room, business center
- Scheduled for a comprehensive improvement plan under the “Formula Blue” property initiative
- Consistent revenues year over year
- Newest hotel in the comp set offered below replacement costs with upside through hands-on operations
- Situated on 2.12 acres directly off of Interstate 22
Property Description
NewGen Advisory is delighted to introduce the Holiday Inn Express & Suites – Fulton, MS, a premier property available for sale. Conveniently situated directly off Interstate 22, this strategically located hotel enjoys close proximity to numerous demand generators and stands as a central hub between Memphis, Tennessee, and Birmingham, Alabama.
The Holiday Inn Express & Suites – Fulton, MS, offered unencumbered of management, presents a lucrative investment opportunity. With its prime location and accessibility, this asset caters to a diverse range of travelers, making it an ideal prospect for potential investors looking to capitalize on a well-positioned and efficiently managed hospitality asset.
Location Description
Fulton is located in the northeastern part of Mississippi, near the border with Alabama. It’s situated along the Tennessee-Tombigbee Waterway, a significant inland water transportation route. The economy of Fulton is diverse, including sectors such as agriculture, manufacturing, and education.
The presence of Itawamba Community College plays a role in the local economy. The region offers outdoor recreational opportunities, and the nearby waterway provides opportunities for boating and fishing. Fulton hosts community events, fairs, and festivals that contribute to the local culture and provide opportunities for residents and visitors to come together.
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Click the “Complete Confidentiality Agreement” button below to access the due diligence files. After you submit the CA form, you will receive an automated email with links to the due diligence files and offering memorandum.
Twinkle Patel
Associate
NC #341738
(828) 202-8422
tpatel@newgenadv.com
BROKER OF RECORD
Sam Zalowitz
Popes Real Estate LLC
MS #18241