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810 Adcock Street
Ridgeland, MS 39157
Asking Price
$1000K
Asset Type
Hotel Hospitality
Class
Class B
What's Special
Prime I-55 Frontage | C-2 Zoning | Multiple Use Opportunities <p>The property is situated on approximately 2.51 acres at 810 Adcock Street in Ridgeland, Mississippi, directly along the Interstate 55 frontage road at Exit 103 — 8 miles north of downtown Jackson in Madison County.</p><p></p><p>The site consists of two 2-story buildings totaling 31,738 square feet of building area with 121 paved parking spaces, zoned C-2 General Commercial. Recent improvements include a 2018 lobby renovation and 2021 guestroom updates throughout. The property offers significa
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.449
Annual Cash Flow
$20,630.607