Log In/Sign Up
Your email has been sent.
Former Hotel Jackson Downtown-Capitol Area 200 E Amite St 303 Hotel Rooms Online Auction Sale Jackson, MS 39201
Matterport 3D Tour
INVESTMENT HIGHLIGHTS
- Former Marriott hotel in Downtown Jackson offered unencumbered of brand and management, including a five-story 386-spot parking deck.
- Compelling value-add opportunity through adaptive reuse and potential for conversion, allowing for repositioning to meet evolving market demands.
- Broad zoning allows for offices, multifamily, retail, restaurants, museums, condos, senior living, and many other uses.
- Superior location in Mississippi’s state capital near Interstates 20 and 55, and demand drivers like the Jackson Convention Complex.
- Advantageously situated in an Opportunity Zone, which bodes well for buyers with potential tax incentives.
EXECUTIVE SUMMARY
CBRE, as the sole and exclusive agent for the owner, has been retained to offer for sale the fee simple interest in the 303-room Downtown Jackson hotel. The Jackson Downtown Convention Center Hotel provides a new investor with an exceptional value-add opportunity to reposition a well-situated asset in the core of Downtown Jackson, Mississippi. The second and third floors are currently vacant (shell space), which would allow a new buyer to add additional standard guestrooms (approximately 25 per floor) or implement a dual-brand concept with an extended stay component. Located in the heart of Downtown Jackson and with easy access to major thoroughfares, this offering presents a unique opportunity to acquire an asset with significant scale, primed for continued operation as a hotel or conversion to an alternative use. The property is conveniently situated near several of Jackson’s key demand generators, including the Mississippi State Capitol, the Jackson Convention Complex, and office buildings leased by several of Jackson’s largest private and public sector tenants.
Located midway between Memphis and New Orleans, Atlanta and Dallas, the city of Jackson has positioned itself as a regional center for commerce, culture, government, healthcare, and education. Jackson is the most populous, urbanized area in Mississippi and continues to rank among Forbes magazine’s Top 100 places in the country to do business. Metro Jackson has a population of approximately 593,000 people. Jackson, the hub for the state’s government, education, and healthcare, boasts seven colleges and junior colleges, and thirteen hospitals, including the nationally renowned University of Mississippi Medical Center. Local residents also enjoy a strong housing market that is among the most affordable in the country. The local economy also benefits from the state’s success in attracting and supporting businesses that service the auto manufacturing, telecommunications, banking, and furniture industries. The $1.4 billion Nissan Motor Company facility in Canton, which is located 15 miles from the Jackson Central Business District, employs approximately 6,400 workers.
Property tours are available by appointment only. Please contact the listing broker to schedule.
Located midway between Memphis and New Orleans, Atlanta and Dallas, the city of Jackson has positioned itself as a regional center for commerce, culture, government, healthcare, and education. Jackson is the most populous, urbanized area in Mississippi and continues to rank among Forbes magazine’s Top 100 places in the country to do business. Metro Jackson has a population of approximately 593,000 people. Jackson, the hub for the state’s government, education, and healthcare, boasts seven colleges and junior colleges, and thirteen hospitals, including the nationally renowned University of Mississippi Medical Center. Local residents also enjoy a strong housing market that is among the most affordable in the country. The local economy also benefits from the state’s success in attracting and supporting businesses that service the auto manufacturing, telecommunications, banking, and furniture industries. The $1.4 billion Nissan Motor Company facility in Canton, which is located 15 miles from the Jackson Central Business District, employs approximately 6,400 workers.
Property tours are available by appointment only. Please contact the listing broker to schedule.
MATTERPORT 3D TOUR
First Floor Matterport Tour
OFFERING MEMORANDUM Click Here to Access
DATA ROOM Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Title and Insurance
- Service Contracts
- Utilities
- Misc. Survey
MARKET ANALYTICS Click Here to Access
PROPERTY FACTS
| Sale Type | Investment | Building Size | 119,459 SF |
| Sale Condition | Auction Sale | No. Rooms | 303 |
| Type of Ownership | Fee Simple | No. Stories | 15 |
| Property Type | Hospitality | Year Built/Renovated | 1975/2025 |
| Property Subtype | Hotel | Parking Ratio | 0.15/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 0.96 AC | Opportunity Zone |
Yes
|
| Construction Status | Under Renovation | Parcel Number | 0084-0012-003 |
| Zoning | C-4 - Central Business District | ||
| Sale Type | Investment |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.96 AC |
| Construction Status | Under Renovation |
| Building Size | 119,459 SF |
| No. Rooms | 303 |
| No. Stories | 15 |
| Year Built/Renovated | 1975/2025 |
| Parking Ratio | 0.15/1,000 SF |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | C-4 - Central Business District |
| Parcel Number | 0084-0012-003 |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Restaurant
- On-Site Retail
- High Speed Internet Access
- On-Site Bar
- Convention Hotel
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 303 | $210.78 CAD | - |
1 1
ABOUT JACKSON CBD/SOUTH MS
Jackson is the capital of Mississippi and is the most populous city in the state. At the intersection of interstates 55 and 20, the city is known as a gateway to the south. Downtown Jackson has experienced a renaissance over the past decade, due to significant investment including new construction, renovations, conversions, and improvements to public infrastructure and amenities.
Demand generators for Jackson include education, business travel, visiting friends/family, shopping, and regional conferences/conventions. Six colleges and universities call Jackson home, most notably Jackson State University located in the heart of downtown. Visitors to Jackson will find plenty to do with numerous local attractions including the Mississippi Civil Rights Museum, the Mississippi Museum of Art, and the Old Capitol Museum. The business and commerce climate is driven by several major industries, such as healthcare, finance, insurance, and professional services. Baker Donelson, Trustmark, and Magnolia Health are just a few of the top companies located in downtown Jackson.
SALE ADVISORS
SALE ADVISORS
Guy Parker, First Vice President
Guy Parker, III is a Principal of CBRE. Parker holds a BBA from Southern Methodist University and an MBA from Mississippi College. In addition, he has achieved the Certified Commercial Investment Manager designation ( CCIM) and is active in the Mississippi CCIM Chapter, the Mississippi Commercial Association of Realtors ( MCAR), Leadership MAR Board of Trustees and various community organizations. Parker Real Estate Properties, LLC is a member of the Mississippi Association of Realtors, Mississippi Commercial Association of Realtors ( MCAR) and the Multiple Listing Service ( MLS) operated by the Jackson Board of Realtors. Currently, Parker serves as President - Elect of the MS CCIM Chapter ; Member of the Leadership MS Board of Trustees ; board member of the Jackson Board of Realtors and on the Association/Operations Board of the MS Association of Realtors.
Stephen Leslie, Sr. Vice President
Steve Leslie serves as a Senior Vice President at CBRE Hotels and is based in CBRE’s Atlanta office. Steve helps run the mid-market/select-service investment sales platform in the Southeast for CBRE. Steve has transacted on over $1.5b of hotel assets in his career.
Mr. Leslie has represented a broad range of clientele including Noble Investment Group, Goldman Sachs, Extended Stay America, Colony Capital, Westmont Hospitality, Blackstone and numerous other private clients in the disposition of over 150 hotels.
Representative recent transactions Mr. Leslie has played a direct role in include the $300-million sale of the Longhouse Portfolio, the $285-million sale of ESA's Crossland portfolio, $35-million sale of the aloft Nashville West End, the $37-million sale of the aloft Charlotte Epicenter; the $76-million sale of the TownePlace Suites Denver Portfolio; the $70-million sale of the RLJ Portfolio; the $7-million sale of the Hampton Inn Houma; the $24-million sale of the Baymont Inn Portfolio and the $7-million sale of the Brookshire Suites located in Baltimore's Inner Harbor.
Mr. Leslie has represented a broad range of clientele including Noble Investment Group, Goldman Sachs, Extended Stay America, Colony Capital, Westmont Hospitality, Blackstone and numerous other private clients in the disposition of over 150 hotels.
Representative recent transactions Mr. Leslie has played a direct role in include the $300-million sale of the Longhouse Portfolio, the $285-million sale of ESA's Crossland portfolio, $35-million sale of the aloft Nashville West End, the $37-million sale of the aloft Charlotte Epicenter; the $76-million sale of the TownePlace Suites Denver Portfolio; the $70-million sale of the RLJ Portfolio; the $7-million sale of the Hampton Inn Houma; the $24-million sale of the Baymont Inn Portfolio and the $7-million sale of the Brookshire Suites located in Baltimore's Inner Harbor.
Max Ervin, Senior Analyst
Max Ervin serves as a Senior Analyst at CBRE Hotels and is based in CBRE’s Atlanta office. Max directly supports the U.S. Select Service team in transactions across the U.S. Prior to CBRE, Max worked in research and brokerage focusing on the office and industrial sectors at Savills in Atlanta.
Max holds a bachelors of science in economics and finance from The University of Alabama.
Max holds a bachelors of science in economics and finance from The University of Alabama.
Grant Ridgway, First Vice President
As Vice President with Brokerage Services, Grant Ridgway focuses on commercial brokerage, financial analysis, market research and marketing strategies. His primary focus includes leasing and investment sales of office and industrial product, as well as Tenant Representation.
Grant previously worked for CBRE in Memphis with the Investment Property team, Industrial Tenant Representation team and Office Leasing team prior to assisting with the opening of the CBRE office in Jackson, MS in 2012.
Grant previously worked for CBRE in Memphis with the Investment Property team, Industrial Tenant Representation team and Office Leasing team prior to assisting with the opening of the CBRE office in Jackson, MS in 2012.
ABOUT THE AUCTION TECHNOLOGY
Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
Read More
AUCTION CONTACT
Kevin Loudy
Contact
Auctioneer License:
Ten-X Arlene Richardson RE Brkr 202567. Ten-X Auction Firm 1474; Arlene Richardson Auctioneer 1677
1 of 24
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000 USD
Maximum Transaction Fee
$300,000 USD
Example Calculation
Winning Bid Amount
$5,000,000 USD
Transaction Fee
$150,000 USD (3%)
Total Purchase Price
$5,150,000 USD
1 of 1
Presented by
Former Hotel Jackson Downtown-Capitol Area | 200 E Amite St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Presented by
Former Hotel Jackson Downtown-Capitol Area | 200 E Amite St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.