547 S Archusa Ave - Hospitality FOR SALE


Quitman, MS 39355
$800,000 USD
601-813-2568
547 S Archusa Ave, Quitman, MS for Sale
$800,000 USD
Hospitality - FOR SALE
1/22
null | Request Cap Rate

547 S Archusa Ave
Quitman, MS 39355


HIGHLIGHTS

  • Prime Growth Location
  • Strong Income Potential
  • Extensive Upgrades

OVERVIEW

Turnkey Motel Investment Opportunity in Quitman, Mississippi Discover an exceptional investment opportunity with this 25-key motel located in the growing community of Quitman, MS. This two-story, exterior corridor property includes a spacious 2-bedroom, 1-bath apartment—perfect for an on-site owner or manager. The motel is currently undergoing thoughtful renovations while maintaining strong daily operations, with 15 rooms consistently booked. Recent upgrades include all new locks, brand-new TVs, new flooring in every room, all-new furniture, and five rooms featuring brand-new air conditioning units. Additionally, a new water heater tank was installed just four months ago, and a new cable service provider has been added for enhanced guest satisfaction. These continuous improvements make this property an appealing option for investors seeking both immediate income and long-term upside potential. Located in the heart of Quitman, this property is strategically positioned near one of Mississippi’s most significant upcoming economic developments. Howard Industries has announced a $237 million expansion project across three counties, with $100 million being invested right here in Quitman. This project is expected to create 300–400 new jobs locally, further boosting demand for workforce and visitor lodging in the area. Quitman offers the perfect blend of small-town charm and economic growth, serving as the county seat of Clarke County. Its welcoming community, affordable living, and growing industrial presence make it a promising location for investors looking to capitalize on Mississippi’s expanding economy. This motel represents a rare opportunity to acquire a well-located, income-producing asset in a market on the rise. With ongoing upgrades and major nearby investment driving future demand, it’s the perfect time to secure this property’s potential.

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$229 USD /SF

# OF ROOMS

25

PRICE/ROOM

$32,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Western Motel

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

099A-11-03-004.00

ASK ABOUT THIS PROPERTY

Sonia KaurUrban Real EstateMore Info
601-813-2568

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Sonia KaurUrban Real EstateMore Info
601-813-2568

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