404 Frontage Dr E - Hospitality FOR SALE


Wiggins, MS 39577
$1,100,800 USD
228-287-1200
404 Frontage Dr E, Wiggins, MS for Sale
$1,100,800 USD
Hospitality - FOR SALE
1/22
null | Request Cap Rate

404 Frontage Dr E
Wiggins, MS 39577


HIGHLIGHTS

  • Income Producing- great position in Wiggins- high traffic counts- signage in place

OVERVIEW

Income Producing Investment Opportunity. Currently Southern Inn Motel has 25 units that rent out for one bed $60.00/night and for two beds $70.00/night. Included in the sale is 3 suites at approx. 1,160 sf and leases out for 1750.00 per month or $100.00/night. Main hotel and office boast 8,874 sf, 3 suites building boast 3500 sf. Currently offering long term, weekly and nightly stays. Built in 1970. On 5.27 ac of land. Traffic on Hwy 49 is 15.000-17,000 cars daily per MDOT.

FOR SALE DETAILS

PRICE

$1,100,800 USD

PRICE/SF

$89 USD /SF

# OF ROOMS

24

PRICE/ROOM

$45,867 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Southern Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1970

PARKING SPACES

29

LAND DETAILS

LAND ACRES

5.27 AC

LAND SF

229,561 SF

ZONING

CD

APN/PARCEL ID

106-23-038.00

ASK ABOUT THIS PROPERTY

Ashley McDonaldColdwell Banker Commercial Alfonso RealtyMore Info
228-287-1200

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Ashley McDonaldColdwell Banker Commercial Alfonso RealtyMore Info
228-287-1200

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