Investment Overview

As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the Staybridge Suites Flowood – NW Jackson (‘Hotel’ or ‘Property’) located at 2620 Lakeland Drive in Flowood, Mississippi. The upscale, extended-stay IHG-branded Hotel is offered on a “Request for Offers” basis. Please reach out to the listing agent for more information. Situated on approximately 1.57 acres, the Property features 97 guest rooms across six stories totaling approximately 56,982 square feet. Originally constructed in 2021, the Hotel offers a modern extended-stay product designed to accommodate both short-term and long-term guests. Amenities include a heated indoor pool, fitness center, guest laundry rooms, business center, snack pantry, complimentary breakfast, 96 parking spaces, and an outdoor guest patio area with firepit and BBQ grills. The Property also benefits from the globally recognized IHG Hotels & Resorts platform and Staybridge Suites extended-stay brand affiliation. Positioned less than six miles from Jackson-Medgar Wiley Evans International Airport, the Property benefits from a highly strategic location along Lakeland Drive within the Flowood/Jackson medical and commercial corridor. Major nearby healthcare demand generators include Merit Health River Oaks, Merit Health Woman’s Hospital, Children’s of Mississippi, St. Dominic Hospital, and the University of Mississippi Medical Center; creating significant lodging demand from traveling medical professionals, patients, and visiting families. Additional corporate and institutional demand is generated by nearby employers such as Sanderson Farms, Inc. Leisure and entertainment demand is supported by attractions including DEFY Jackson, Mississippi State Fairgrounds, Mississippi Museum of Natural Science, Mississippi Museum of Art, Mississippi Veterans Memorial Stadium, and the Jackson Convention Complex. The Hotel also benefits from proximity to Belhaven University and Jackson State University, supporting a diversified mix of academic, transient, and group-related travel demand. Flowood is one of the fastest-growing suburban communities within the Jackson Metropolitan Statistical Area, recognized for its strong healthcare concentration, retail growth, and expanding commercial development. The area benefits from excellent connectivity, affluent demographics, and proximity to downtown Jackson while maintaining a business-friendly environment. Home to approximately 149,636 residents, Jackson is the state capital and most populous city in Mississippi; also serving as the political, cultural, and economic center of the state. Strategically located along Interstate 55 between Memphis and New Orleans and Interstate 20 between Dallas and Atlanta, Jackson benefits from exceptional regional connectivity throughout the Deep South. The broader Jackson metropolitan area, with nearly 592,000 residents, represents the largest metro area entirely within Mississippi and serves as a critical hub for government, healthcare, education, logistics, and professional services. As the state capital, Jackson’s economy is stabilized by a substantial public-sector employment base alongside major private employers in healthcare and financial services. The metropolitan area generated approximately $30 billion in GDP in 2020, accounting for nearly 29 percent of Mississippi’s total economic output and reinforcing Jackson’s importance as the state’s primary economic engine. With its strategic transportation network, diversified economic base, and role as Mississippi’s primary metropolitan center, Jackson represents a stable and regionally significant market supported by long-term economic and institutional demand drivers.