999 Cooper Rd - Hospitality FOR SALE


Picayune, MS 39466
$1,500,000 USD
228-313-2727
999 Cooper Rd, Picayune, MS for Sale
$1,500,000 USD
Hospitality - FOR SALE
1/10
null | 7.51% Cap Rate

999 Cooper Rd
Picayune, MS 39466


HIGHLIGHTS

  • Renovated in 2022
  • Recent Improvements Include: Exterior Paint, LVP Flooring Throughout All Guestrooms
  • Strong 2025 STR Performance: Occupancy 13% Above Competitive Set | ADR 19% Above Competitive Set | RevPAR 34.5% Above Competitive Set
  • Less Than 1 Hour to Downtown New Orleans & French Quarter
  • YE 2025 ADR / RevPAR / OCC: $70.52 ADR / $25.70 RevPAR / 36.40% OCC
  • Minimal PIP

OVERVIEW

OFFERING OVERVIEW: Offered for sale is the Super 8 by Wyndham Picayune, a 51-room, exterior corridor hotel located in Picayune, Mississippi. Positioned less than one hour from Downtown New Orleans, the property is strategically situated near Interstate 59 at Exit 6, with convenient access from MS Highway 43/Sycamore Road. The hotel benefits from a diverse mix of government, aerospace, healthcare, industrial, and transient demand, anchored by the nearby NASA John C. Stennis Space Center, one of the region’s largest employment centers. Additional demand generators include Highland Community Hospital, Pearl River Community College, the INFINITY Science Center, and the area’s expanding commercial corridor. As part of the globally recognized Wyndham Hotels & Resorts family, the Super 8 brand provides strong consumer recognition, an efficient operating model, and an attractive value proposition for owner-operators and investors seeking stable cash flow with upside potential. PROPERTY OVERVIEW: The subject property has been well maintained through ongoing ownership improvements and presents investors with an opportunity to acquire an established Wyndham-branded asset with immediate cash flow and operational upside. Recent renovations include new exterior paint throughout the property and new LVP flooring in all guestrooms. A change-of-ownership Property Improvement Plan (PIP) is estimated to cost approximately $25,000+/-, though this figure is only a preliminary estimate. The Seller has disclosed limited water intrusion during isolated heavy rainfall events. The estimated cost to address the issue is approximately $1,100. Prospective purchasers should independently verify the condition and any proposed remediation. *The actual PIP requirements must be verified directly with Wyndham Hotels & Resorts, as they are determined solely at the franchisor’s discretion and may vary in both scope and cost. This includes, without limitation, any franchisor requirements related to a change of ownership. The Recipient is solely responsible for independently verifying all such matters. All information is deemed reliable but not guaranteed, and DSH Hotel Advisors has not inspected the property; no representations are made regarding the asset’s physical condition or the accuracy of financials or documents. MARKET OVERVIEW: The Super 8 by Wyndham Picayune is located in Pearl River County, a growing South Mississippi market strategically positioned along the Interstate 59 corridor, approximately 45 miles (less than a one-hour drive) northeast of downtown New Orleans and within easy reach of the Mississippi Gulf Coast. The market is anchored by NASA’s John C. Stennis Space Center, a world-renowned aerospace, defense, and research complex employing thousands of government personnel, engineers, contractors, and private-sector professionals. Additional year-round lodging demand is generated by Highland Community Hospital, Pearl River Community College, the INFINITY Science Center, and a diverse base of manufacturing, logistics, and industrial employers throughout the region. Picayune also benefits from its proximity to the Silver Slipper Casino, Bay St. Louis, and numerous Gulf Coast attractions, while Interstate 59 provides a steady stream of transient commercial and leisure travelers. The combination of aerospace, healthcare, education, regional tourism, and interstate accessibility creates a diversified lodging market that supports consistent year-round hotel demand and long term investment stability. Property Highlights: • Super 8 by Wyndham Picayune - Wyndham Hotels & Resorts • 51 Rooms | 2 Stories | Exterior Corridor • Built in 1985 | Renovated in 2022 • Recent Improvements Include: Exterior Paint, LVP Flooring Throughout All Guestrooms • Strong 2025 STR Performance: Occupancy 13% Above Competitive Set | ADR 19% Above Competitive Set | RevPAR 34.5% Above Competitive Set • Amenities Include: Dining Area, Guest Laundry, In-Room Jacuzzi Tubs (Select Guestrooms) Location Highlights: • Less Than 1 Hour to Downtown New Orleans & French Quarter • 1.4 Miles to Highland Community Hospital • 4.5 Miles to Crosby Arboretum • 4.6 Miles to Friendship Park Sports Complex • 15 Miles to NASA John C. Stennis Space Center • 29.1 Miles to INFINITY Science Center • 30.5 Miles to Diamondhead Financial Highlights: • List Price of $1,500,000 • YE 2025 Room Revenue / RRM: $460,781 Room Revenue / 3.26x RRM • YE 2025 NOI / Cap Rate: $112,658 NOI / 7.51% Cap Rate • YE 2025 ADR / RevPAR / OCC: $70.52 ADR / $25.70 RevPAR / 36.40% OCC • Minimal PIP

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$88 USD /SF

# OF ROOMS

51

PRICE/ROOM

$29,412 {currency}

CAP RATE

7.51%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Super 8 by Wyndham Picayune

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1985

PARKING SPACES

56

LAND DETAILS

LAND ACRES

2.05 AC

LAND SF

89,298 SF

ZONING

C-3

APN/PARCEL ID

6-17-1-12-000-000-0201

ASK ABOUT THIS PROPERTY

Alexis HajjarDSH Hotel AdvisorsMore Info
228-313-2727

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Alexis HajjarDSH Hotel AdvisorsMore Info
228-313-2727

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