Tenn Tom Inn | 200 3rd Ave S
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Tenn Tom Inn 200 3rd Ave S
22 Room Hotel Amory, MS 38821 $435,000 ($19,773/Room)
Executive Summary
Rare opportunity to own a 25-unit motel, formerly known as the Tenn Tom, in downtown Amory! This building features 5 King Bed units, 12 Single Queen Bed units, 3 units with Double Full Sized Beds, 2 units with Double Queen Beds, as a total of 22 rent-able units. In addition to that, 3 units have been converted into an oversized apartment. Located in a prime area with over 24 years of successful business, the owners are ready to pass it down to the next investor! This is a great location and opportunity for your next business venture. All information is deemed reliable but not guaranteed and is subject to verification.
Property Facts
Price | $435,000 | Building Size | 7,108 SF |
Price Per Room | $19,773 | No. Rooms | 22 |
Sale Type | Investment | No. Stories | 2 |
Property Type | Hospitality | Year Built/Renovated | 1960/2023 |
Property Subtype | Hotel | Parking Ratio | 3.52/1,000 SF |
Building Class | C | Corridor | Exterior |
Lot Size | 0.23 AC | Opportunity Zone |
Yes
|
Price | $435,000 |
Price Per Room | $19,773 |
Sale Type | Investment |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 0.23 AC |
Building Size | 7,108 SF |
No. Rooms | 22 |
No. Stories | 2 |
Year Built/Renovated | 1960/2023 |
Parking Ratio | 3.52/1,000 SF |
Corridor | Exterior |
Opportunity Zone |
Yes |
Amenities
- High Speed Internet Access
- Public Access Wifi
Room Mix Information
Description | No. Rooms | Daily Rate | SF |
---|---|---|---|
Guest Room | 22 | $65.00 | - |
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PROPERTY TAXES
Parcel Number | 359K-36-006-001.00 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $27,497 |
PROPERTY TAXES
Parcel Number
359K-36-006-001.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$27,497
zoning
Zoning Code | B-2 (Commercial) |
B-2 (Commercial) |
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Tenn Tom Inn | 200 3rd Ave S
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