2300 N Frontage Road

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2300 N Frontage Road

Meridian, MS 39301
Asking Price
$2.25M
Asset Type
Hotel Hospitality
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Hospitality asset located at 2300 N Frontage Road in Meridian Mississippi
  • Total asking price for the hotel property is set at $2,250,000
  • Strategic location supports consistent demand from regional travelers and business visitors
  • Well-positioned facility within a key commercial corridor in Eastern Mississippi
  • Asset offers potential for experienced operators to execute a hospitality strategy

What's Special

Meridian serves as a key commercial hub in Eastern Mississippi, benefiting from its strategic positioning along major regional transportation corridors. This hospitality asset at 2300 N Frontage Road represents a distinct acquisition play within the local hotel market. The property provides a foundation for operators looking to capitalize on steady transient demand generated by travelers navigating through the metro area and business professionals visiting the city's expanding industrial and medical sectors. The site's layout and configuration support traditional hotel operations, allowing for potential repositioning or continued service within the lodging category. Investors often target this submarket for its consistent activity and connectivity to broader state logistics networks. With its established location, the facility is positioned to maintain visibility and access for guests moving through the region.

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NOI
$80,000
Cap Rate
3.56%
DSCR
0.60
Underwater
Cash-on-Cash
-7.94%
Monthly Payment
$11,131.772
Annual Cash Flow
$-53,581.268

Location & Travel Times