2701 Highway 82 E - Hospitality FOR SALE


Greenville, MS 38703
$4,150,000 USD
901-674-6105
2701 Highway 82 E, Greenville, MS for Sale
$4,150,000 USD
Hospitality - FOR SALE
1/34
null | Request Cap Rate

2701 Highway 82 E
Greenville, MS 38703


HIGHLIGHTS

  • Prime highway visibility with high drive-by traffic on Highway 82 East
  • Recent 2025 renovations featuring the latest DAWN Package design
  • Concrete construction with durable TPO roof for long-term reliability
  • 3-bedroom on-site manager's quarters for family-owned operation
  • Easy access to US 61 (Blues Highway), Mid-Delta Regional Airport, and nearby casinos
  • Ample parking accommodating RVs, buses, and large vehicles on a spacious site

OVERVIEW

Discover the ultimate value-add opportunity with this 120-room Days Inn by Wyndham in Greenville, MS—the heart of the legendary Mississippi Delta, birthplace of blues music and a hub for authentic Southern heritage, festivals, and outdoor recreation. Originally built in 1985 as a Hampton Inn with concrete construction, a TPO roof, and recent 2025 renovations including the latest DAWN Package, this two-story exterior-corridor property features 110 operational rooms, a 3-bedroom manager's quarters, ample parking for RVs and buses on a 2.37-acre site, and prime visibility at 2701 Highway 82 East with easy access to US 61 (Blues Highway), Mid-Delta Regional Airport, downtown attractions, and nearby casinos like Harlow's Resort & Spa and Trop Casino. Positioned amid Mississippi's booming tourism and regional economic growth in agriculture, healthcare, and infrastructure, this asset offers hands-on owners the chance to enhance performance through onsite sales, digital marketing, and expense optimization while capitalizing on low supply in the economy segment and Greenville's revitalization story for long-term upside. Priced at $4,150,000 with financing available. Family-Owned Management Opportunity: Acquire a 120-room Days Inn hotel with 3-bedroom living quarters, allowing for family ownership and hands-on management of this concrete-constructed, two-story exterior-corridor property originally built in 1985 as a Hampton Inn, with 110 operational rooms, manager's quarters converted from 5 rooms, and additional storage space; features the most recent DAWN Package design installed in 2025. Prime Highway Visibility and Accessibility: Situated in the heart of the Mississippi Delta on Highway 82 East—a vital east-west corridor—the hotel benefits from high drive-by traffic and easy access to US Highway 61 (the legendary Blues Highway), downtown Greenville, Mid-Delta Regional Airport, and nearby casinos, attracting regional travelers, event attendees, and commercial demand in a market with limited branded competition. Proven Historical Resilience with Path to Enhanced Performance: The property has shown strong performance historically, with a clear opportunity for new hands-on management to improve operations by leveraging recent 2025 renovations and daily oversight, especially following a period of remote management. Significant Value-Add Operational Enhancements: Implement onsite sales and management, intensified digital marketing, and group/event sales initiatives to drive higher occupancy; effective owner-operation can optimize labor and reduce expenses for improved net operating income. Positioned for Growth in Mississippi's Thriving Tourism Market: Capitalize on Mississippi's record-breaking tourism momentum, with the Delta region drawing authentic cultural travelers for blues heritage, outdoor recreation, and Southern cuisine; Greenville, as the epicenter, hosts the nation's oldest continuous blues festival (48th annual in 2025) and events like the Delta Hot Tamale Festival, while low new hotel supply in the economy segment favors existing properties to capture rising demand. Robust Regional Economic Catalysts: Benefit from Greenville and Washington County's growth initiatives, including new businesses, downtown revitalization projects earning statewide recognition, airport enhancements for better connectivity, and state investments in infrastructure and site development; anchored by agriculture, river port activity, healthcare (Delta Regional Medical Center), and steady gaming traffic from Harlow's Casino Resort (recently acquired by Churchill Downs Incorporated), providing resilient commercial demand and positioning the area for sustained progress.

FOR SALE DETAILS

PRICE

$4,150,000 USD

PRICE/SF

$100 USD /SF

# OF ROOMS

120

PRICE/ROOM

$34,583 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Days Inn by Wyndham Greenville MS

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1985

PARKING SPACES

123

LAND DETAILS

LAND ACRES

3.14 AC

LAND SF

136,776 SF

ZONING

Commercial

APN/PARCEL ID

481020000,481330000

ASK ABOUT THIS PROPERTY

Suresh PatelMoon Realty USA, LLCMore Info
901-674-6105

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

Suresh PatelMoon Realty USA, LLCMore Info
901-674-6105

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