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4137 N Frontage Rd
Vicksburg, MS 39183
Vicksburg Motel · Hospitality Property For Sale · 60,273 SF
Investment Highlights
- Two-Story, 117-Room, Exterior-Corridor Hotel with Most Recent Renovations Completed in 2016
- Easily Accessible and Highly Visible from the Busy Intersection of Interstate 20 and Highway 80
- Substantial Value Add Opportunity to Implement Better Revenue Management Strategies and Garner Significant RevPAR Growth
- Priced Below Replacement Cost at $21,368 Per Key
- Highway 80 Situated near the Port of Vicksburg, U.S. Army Engineer Research and Demand Center, Tyson Foods, Merit Health, and Ameristar Casino
- Owned and Remotely Operated by West Coast Based Absentee Owner
PROPERTY FACTS
Property Type | Hospitality | No. Stories | 2 |
Property Subtype | Hotel | Year Built/Renovated | 1970/2016 |
Building Class | B | Parking Ratio | 2.95/1,000 SF |
Lot Size | 6.00 AC | Corridor | Interior |
Building Size | 60,273 SF |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | B |
Lot Size | 6.00 AC |
Building Size | 60,273 SF |
No. Stories | 2 |
Year Built/Renovated | 1970/2016 |
Parking Ratio | 2.95/1,000 SF |
Corridor | Interior |
Amenities
- Business Center
- Pool
- High Speed Internet Access
- Public Access Wifi
About 4137 N Frontage Rd , Vicksburg, MS 39183
The Motel 6 Vicksburg is a 117-room, 2-story Hotel stationed at 4137 I-20 Frontage Road, at the busy intersection of Interstate 20 and Highway 80. This Hotel features an outdoor pool, meeting and event space, vending machines, and guest laundry facilities. Spacious guest rooms offer a ?at-screen television, a work desk, and an ironing board. Additional amenities at the Property include the Mirror Room, one of the largest banquet / event spaces in Vicksburg, the Jacques Sports Lounge, and the Jacques Cafe. Vicksburg, Mississippi is located on the Mississippi River on the border shared with Louisiana, about 40 miles west of Jackson, Mississippi. With the city's popular room generators in close proximity to the Property, this Hotel bene?ts from many key industries of the city. The region is known for its logistics, government, and entertainment industries and attracts over two million visitors annually. Two notable demand generators, the Port of Vicksburg, where over 14 million tons of freight is transported each year, and the U.S Army Engineer Research and Development Center have an economic impact on the state of more than $350 million annually. Entertainment demand drivers for the city include Ameristar (4.8 miles), Riverwalk Casinos (6.0 miles), and Bally’s Vicksburg Casino (6.4 miles). The U.S. Army Corps of Engineers and Tyson Foods, two of the city's largest employers are located approximately 2.5 and 12.4 miles from the Hotel respectively, and are prime revenue drivers for the surrounding area. Another major employer that is responsible for a signi?cant portion of the workforce includes Merit Health – River Region (2.9 miles). Additional guest room generators in the area, like the annual Miss Mississippi Pageant and Parade that help bring revenue to the Hotel through an increase in transient business.
Links
PROPERTY TAXES
Parcel Number | 0955-21-0120-0003-00 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $205,886 |
PROPERTY TAXES
zoning
Zoning Code | HC (Highway Commercial) |
HC (Highway Commercial) |
Learn More About Investing in Hospitality Properties
Listing ID: 24229630
Date on Market: 10/5/2021
Last Updated:
Address: 4137 N Frontage Rd, Vicksburg, MS 39183