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29105172
29105195

157 Soldiers Colony Rd, Canton, MS 39046

DG
FL SL3140783
Cushman & Wakefield - Boca Raton, Florida
JL
FL SL 3549179
Cushman & Wakefield - Boca Raton, Florida
Listed by Cushman & Wakefield - Boca Raton, Florida
$6,300,000
152 days on market
Updated 55 days ago

Holiday Inn Express & Suites Canton

Details
APN 092G-26-009/07.00
Property Type Hospitality
Sub Type Hotel, Motel
Square Footage 40,073
Keys 80
Price per SqFt $157
Year Built 2007
Year Renovated 2017
Stories 3
Acreage 2.000
Zoning A-1

Hospitality | 80 Keys

Marketing description

Cushman & Wakefield’s Hospitality Group has been retained to offer for sale the fee simple interest in the 80-room Holiday Inn Express, located in Canton, Mississippi. The property is a three-story, limited-service hotel that is located directly off of Interstate-55 and conveniently located within close proximity to West Peace Street, providing ease of access to commuters along Canton’s main thoroughfare and expressway. The property benefits from strong corporate, industrial, and regional travel demand while delivering the consistency, operational efficiency, and guest satisfaction associated with the trusted IHG brand. Additionally, with steady year-round occupancy, modern amenities, and accessibility to both Jackson and Canton’s key demand drivers, this hotel presents an attractive opportunity for owners seeking durable performance and long-term value creation. The Holiday Inn Express & Suites Canton offers investors the opportunity to acquire an 80-room property in an established and growing market.

Investment highlights

  • 2007-construction.

  • Upward trend in revenue year-over-year.

  • Holiday Inn Express & Suites by IHG is a highly desirable flag by both investors and consumers alike.

  • Excellent owner-operator acquisition opportunity.

  • Over $10 billion expected to be spent on Amazon Data Centers in Madison County, which will lead to growth in towns such as Canton.

  • New owner expected to receive new 15-year IHG license following completion of change of ownership PIP.

  • Strategic location situated directly off Interstate-55, providing high visibility and convenient access to both leisure and commercial travelers moving between Jackson, Memphis, and surrounding regional hubs.

  • Opportunity to increase Average Daily Rate (ADR) to competitive set standards and exceed performance of competition through strong hands-on management and increased marketing.

  • The section of Interstate-55 closest to the property has an Average Annual Daily Traffic (AADT) count of approximately 34,000 vehicles per day (according to data research).

  • Proximity to major employers including Nissan Canton Vehicle Assembly Plant, Peco Foods, Tyson Foods, and regional logistics/industrial operations, driving consistent corporate and long-term stay demand.

  • Opportunity to receive spillover business from Jackson supporting stable occupancy and RevPAR performance.

  • Upside potential through targeted revenue management, corporate account penetration, and incremental growth tied to expanding industrial/manufacturing activity in Madison County.

Listing Contacts

DG
FL SL3140783
Cushman & Wakefield - Boca Raton, Florida
JL
FL SL 3549179
Cushman & Wakefield - Boca Raton, Florida
Listed by Cushman & Wakefield - Boca Raton, Florida

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