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801 Ridgewood Rd, Ridgeland, MS

Staybridge Suites

$11,300,000

Key Information

Cap Rate
8.82%
Lot Size
2.39 Acres
Units
92
Year Built
2005 | 2023
Type
Hospitality
Occupancy
79.7%
NOI
$997,164
Leasable Area
56,511

Highlights

• $21B AWS Investment Strengthens Regional Tech Hub — Located just minutes from AWS’s JAN200 data center campus, currently under construction and part of AWS’s broader $21B+ Madison County investment expected to create 1,700 direct jobs, driving additional construction, corporate, and extended-stay demand.
• Strong Revenue Performance with Continued Growth — The property generated $3M in Room Revenue in 2025 amid strong market demand.
• Long-Term IHG Affiliation — New owner can receive a new 15-year IHG license, providing long-term brand stability.
• Attractive Cash Flow — The asset generated $1.2M in EBITDA and $1M NOI at a 10% Owner-User Cap Rate and a 8.82% CMBS Cap Rate based on 2025 operating performance, providing investors with an opportunity to acquire a strong cash-flowing asset.
• Jackson Healthcare Hub — Access to major healthcare systems including University of Mississippi Medical Center, Mississippi Baptist Medical Center, and St. Dominic Hospital, generating demand from traveling healthcare professionals, patients’ families, contractors, vendors, and medical-related business.
• Strategic Jackson MSA / I-55 Location — Positioned in the desirable Ridgeland/County Line Road corridor with immediate access to I-55, providing connectivity to Jackson, Ridgeland, Madison, and Canton and exposure to the broader Jackson MSA demand base.
• Mississippi State Government Demand — Proximity to Jackson, Mississippi’s state capital, provides recurring demand from state agencies, government contractors, consultants, and other government-related travelers.

Photos

Location

Agents

Broker of Record

Philip Carpenter

License # 8906, C-11708 (MS)
Carpenter Properties, Inc.
1437 Old Square Road, Suite 104 Jackson, MS 39211