201 N Pearl St - Hospitality FOR SALE


Natchez, MS 39120 | 
$2,350,000 USD
323-652-0689
201 N Pearl St, Natchez, MS for Sale
$2,350,000 USD
Hospitality - FOR SALE
1/11
null | Request Cap Rate

201 N Pearl St
Natchez, MS 39120


HIGHLIGHTS

  • In the heart of downtown
  • B&B feel with a full hotel and restaurant type amentities and space.
  • Huge upside here for someone with the ability to be more hands on and great Price per sf compared to listings on Zillow.

OVERVIEW

Exceptional opportunity to acquire or partner in one of downtown Natchez's most distinctive historic hospitality properties. The property features 16 guest rooms, each with a private en-suite bathroom, plus a separate 2-bedroom manager's apartment. An on-site restaurant opens to a unique courtyard, with a separate full bar offering an additional opportunity for activation and revenue. The property benefits from an established following, strong online reviews and an exceptional downtown location. An institutional hospitality partner is already engaged and available to provide professional management for a buyer or potential operating/capital partner. Ownership is exploring a sale or strategic partnership primarily due to the property's distance from the owners. Pricing, financials and additional property information available to qualified parties upon request.

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$196 USD /SF

# OF ROOMS

16

PRICE/ROOM

$146,875 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Historic Mansion run as Hotel / Restaurant

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1840

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,316 SF

ZONING

B3

APN/PARCEL ID

0005-0001-0004,0005-0001-0005

ASK ABOUT THIS PROPERTY

Michael ClintonGauntlet Private InvestmentsMore Info
323-652-0689

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Michael ClintonGauntlet Private InvestmentsMore Info
323-652-0689

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.