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40 Sgt Prentiss Dr
Natchez, MS 39120

Relax Inn · Hospitality Property For Sale · 19,301 SF

Investment Highlights

  • City Center
  • Off of High Traffic Highway

PROPERTY FACTS

Property Type Hospitality
Property Subtype
Hotel
Building Class C
Lot Size 2.63 AC
Building Size 19,301 SF
No. Stories 2
Year Built/Renovated 1964/2021
Parking Ratio 2.33/1,000 SF
Corridor Exterior

About 40 Sgt Prentiss Dr , Natchez, MS 39120

Located in the heart of Natchez, the motel sits on 1.5 acres. The ideal opportunity for a hands on ownership to increase revenue streamline expenses and increase NOI. It could also be repositioned as an apartment complex, with an additional 1 acre lost adjacent to the property. The property is located in the retail corridor of the city, with plenty of demand drivers such as Merritt Health Natchez, Doctors Pavilion, retail, restaurants, and constant traffic off of a busy highway. Natchez is located about an hour and half north of Baton Rouge, LA and 2 hours south of Jackson, MS. The area has seen an increase in economic development, especially since it also benefits from being so close to the new Tesla battery factory being constructed in Vidalia, LA.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0069-0002-0011A
Land Assessment
$26,625
Improvements Assessment
$81,886
Total Assessment
$108,511

zoning

Zoning Code B-4
B-4
  • Listing ID: 32383545

  • Date on Market: 7/9/2024

  • Last Updated:

  • Address: 40 Sgt Prentiss Dr, Natchez, MS 39120

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