Mohan Bhakta - Commercial Real Estate Showcase

Mohan Bhakta Property Listings
Mohan Bhakta
(901) 335-4897

2707 Bienville Boulevard

Ocean Springs, MS 39564

Property Type:Hospitality Number of Rooms:20 Status:Existing Year Built:1986
Stories:1 Building Size:8,914 SF Land Area:.56 AC (24,598 SF)
For Sale Price:$400,000 Price/Room:$20,000 Cap Rate:-

Parking:2.75 Parking Spaces / 1,000 SF

Sale Notes:
The motel is currently being operated by the same owner/family since 2003. Owner wishes to retire and would like to pass the land/motel to another dedicated operator. The motel consists of 20 units in an exterior corridor fashion. All rooms are fully functional and revenue generating. The purchase of the .52 acre property will include 20 fully furnished rooms plus owner/manager living quarters. We can NOT provide owner financing. Motel revenue mainly consists of overnight guests and weekly rentals. Motel expenses are less than average.

Mohan Bhakta
Mohan Bhakta
(901) 335-4897

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