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639 S CANAL ST Natchez MS 39120-3485

[Locked] • APN 41-113B-49.4

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Details
Property Type Hospitality
Sub Type Hotel
Lot SqFt 50,007
Acreage ******
Zoning Code B-2
Year Built 2013
Opportunity Zone Yes
Tax Year ******
Days on Market ******
Owner Name CITY OF NATCHEZ
Owner Mailing Address (Full Address) ******
APN 41-113B-49.4
USPS Vacancy Indicator N
USPS Vacancy Indicator Date 06/01/2026
Latitude 31.553935
Longitude -91.409799

Property History

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Property Type
Property Type
Hospitality
Property Subtype
Hotel
Marketing Description

The Holiday Inn Express & Suites is located just steps from the scenic Mississippi River and minutes from the historic downtown district, just off Highway 425. The Hotel benefits from several highly stable demand generators within a ten-minute drive. These include the 179-bed Merit Health Natchez Hospital, the 98- bed Trinity Medical Hospital, Alcorn State University’s Natchez campus, and various federal and state government offices. Natchez is a nationally recognized heritage tourism hub, drawing over 700,000 annual visitors with its antebellum architecture, riverfront festivals, and historic landmarks such as the Natchez National Historical Park and Longwood Mansion.

The Holiday Inn Express & Suites offers a compelling value-add opportunity on top of existing cashflows given the Hotel will be due for a full Change-ofOwnership PIP. Furthermore, there is no new supply proposed, in final planning, or under construction in the entire city. The Holiday Inn Express & Suites Natchez South will be offered fee simple, unencumbered by management, at a discount to replacement cost.

Investment Highlights

Premier Location Along the Mississippi River

The Holiday Inn Express & Suites Natchez South enjoys an irreplaceable position along the banks of the Mississippi River, offering guests panoramic views and direct access to the historic downtown district. This location places the property within walking distance of Natchez’s iconic landmarks, dining, shopping, and cultural attractions, making it a sought-after destination for both leisure and business travelers.

Trusted IHG Brand Affiliation

The hotel benefits from the strength of the globally recognized Holiday Inn Express brand, including access to IHG’s robust reservation system and the IHG One Rewards loyalty program. These affiliations consistently drive higher occupancy levels and allow the property to command a premium rate relative to unbranded or independent competitors.

Strong Year-Round Demand Base

Natchez attracts over 700,000 visitors annually with its rich antebellum history, dynamic festivals, and distinctive Southern charm. In addition to this strong leisure base, the hotel benefits from steady year-round demand generated by nearby corporate offices, healthcare facilities, government agencies, and higher education institutions, offering a balanced mix of transient and group business.

Limited Competition and Operational Upside

With no new supply planning, proposed, or under construction in the Natchez market, the competitive landscape remains favorable. This limited competition, combined with clear opportunities to improve performance through enhanced revenue management, more aggressive direct booking strategies, and minor capital reinvestments, creates an attractive value-add opportunity for prospective ownership.

Offered Well Below Replacement Cost

The opportunity to acquire this 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.

Offered Unencumbered by Management

The Holiday Inn Express & Suites Natchez South 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 and seek to revamp the operational strategy of the Hotel, implement strategic cost control initiatives, and employ more aggressive yield management strategies.

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Zoning

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B-2 CommercialGeneral CommercialGeneral Business District
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Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics

Property Details

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Contacts

Listing removed on
 BY:
WB
Wendy Blissett PRO
•••.•••.9669
•••••sett@••••.com
Brokerage logo
Listing removed on
 BY:
BP
Bhavesh (B.J.) Patel PRO
•••.•••.5108
••atel@••••.com
Brokerage logo

Map

Comparable Properties

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Rental Market Overview

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This rental data is based on the nearest market to this property: Pineville, LA.
Pineville, LA median rent ********
***  ****** **** *** ******** ***
National median ********
Compare median rents across markets
Pineville, LA (nearest market)
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Data provided byDwellsy IQ
*All information is deemed reliable but not guaranteed.
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