Okolona Motel | 301 S Church St
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Okolona Motel 301 S Church St
16 Room Hotel Okolona, MS 38860 $120,000 ($7,500/Room)
Investment Highlights
- Sellers are motivated and ready to make a deal on this 16 unit motel located in the heart of Okolona.
- Owner's suite/apartment is attached to the office.
Executive Summary
Motivated seller! Priced to sell! Your next investment awaits in the little city that does big things! Sellers are motivated and ready to make a deal on this 16 unit motel located in the heart of Okolona! 12 single rooms, 4 doubles. Owner's suite/apartment is attached to the office. The property needs rehab and an investor that is ready to do the work for it. Great potential and could be a diamond in the rough!
Property Facts
| Price | $120,000 | Lot Size | 0.62 AC |
| Price Per Room | $7,500 | Building Size | 5,814 SF |
| Sale Type | Investment | No. Rooms | 16 |
| Sale Conditions | Distress Sale | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1944 |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C |
| Price | $120,000 |
| Price Per Room | $7,500 |
| Sale Type | Investment |
| Sale Conditions | Distress Sale |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.62 AC |
| Building Size | 5,814 SF |
| No. Rooms | 16 |
| No. Stories | 1 |
| Year Built | 1944 |
| Corridor | Exterior |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 16 | $63.00 | - |
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PROPERTY TAXES
| Parcel Number | 2-048J-34-007.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $10,880 |
PROPERTY TAXES
Parcel Number
2-048J-34-007.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$10,880
zoning
| Zoning Code | Commercial |
| Commercial |
-
Lillian Salem -
Coldwell Banker Southern Real Estate
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Okolona Motel | 301 S Church St
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