RED ROOF INN JACKSON NORTH – 103 ROOM ECONOMY HOTEL FORECLOSURE AUCTION CIVIL ACTION NO. 3:25-cv-801-HTW-MTP

810 ADCOCK STREET

Ridgeland, MS 39157

Gallivan is pleased to work with Mozingo Real Estate & Auction LLC to offer this 103-room economy hotel operating under the Red Roof Inn brand, located directly off Interstate 55 at Exit 103 in Ridgeland, Mississippi at Foreclosure auction. The property sits on approximately 2.51 acres with an estimated 31,738 SF buildings.  Situated 8 miles north of downtown Jackson in Madison County, the property benefits from proximity to Northpark Mall, the Amazon AWS Data Center, Tougaloo College, and the Jackson metro healthcare corridor.

Abbreviated Terms (Please see full terms):

Sold AS-IS

Deposit due by winning bidder at the auction

Closing timeline per terms of sale (Not subject to financing)

PROPERTY INFO-

Building Size (RSF):      Approximately 31,738 SF

Total Rooms: 103 (Exterior Corridor)

Property Use Type:      Investment, Hotel/Motel, Hospitality

PARKING SPACES:            121

PROPERTY INFO-

TOTAL ACREAGE:             +/- 2.51 AC

PARCEL NUMBER:            71G-36D-025/02.00

FLOOD ZONE:                    Zone X

NUMBER OF BUILDINGS:              2

ZONING:              C-2 General Commercial

COUNTY:             Madison

CITY:      Ridgeland

STATE:  Mississippi

BUILDING INFORMATION-

DATE OPENED:  1985

ACCESS:               Exterior Corridor

PARKING:            Free Self-Parking, On-Site

Building Size (RSF):      Approximately 31,738 SF

Total Rooms:   103 (Exterior Corridor)

ROOM BREAKDOWN:     (54) Standard (46) King (3) Other

Property Use Type:      Investment, Hotel/Motel, Hospitality

LOCATION HIGHLIGHTS-

I-55 Interchange (Exit 103):          Directly adjacent

Downtown Jackson:        8-10 mi / 15-25 min

Jackson-Evers Intl Airport (JAN): 7.5 mi / 15-30 min

Northpark Mall: ~1 mile east

Renaissance at Colony Park:        ~1.5 miles north

Tougaloo College:            1 mile

Amazon AWS Data Center:          Ridgeland area

Trustmark Park (Minor League): Walking distance

St. Jude Medical Center:               2.58 miles

Baptist Medical Center: 6 miles

KEY DEMAND DRIVERS-

I-55 Corridor – Major north-south interstate connecting Jackson to Memphis

Amazon AWS Data Center – Mississippi expansion driving construction and workforce lodging demand

Northpark Mall – 958,000 SF regional shopping destination with 120+ retailers

Healthcare Corridor – Multiple hospitals within 6 miles

C Spire Wireless HQ – 6th largest U.S. wireless provider headquartered in Ridgeland

Cal-Maine Foods HQ – Largest U.S. shell egg producer headquartered in Ridgeland

Jackson MSA – 539,057 metro population

MARKET CONTEXT-

Ridgeland Population (2026 est.):             24,553

Median Household Income:        $63,470 – $66,038

Red Roof Inn Nightly Rate:           $43 – $70+

Avg Ridgeland Hotel Rate:            $102 – $214 (varies by season)

Madison County Tax Rate:            0.66% of assessed value