6800 Hwy 63 | Moss Point, MS 39563
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6800 Hwy 63
Moss Point, MS 39563
Quality Inn Moss Point - Pascagoula · Hospitality Property For Sale · 35,548 SF
Investment Highlights
- Fee Simple Interest in the 112-Unit, Two-Story, Limited-Service Quality Inn in Moss Point, MS
- Expansive, Highly Visible 2.67-Acre Site at the Intersection of Interstate-10 (53,244 VPD) and Highway 63 (21,661 VPD)
- Expected to Trade Significantly Below Replacement Cost with Pricing Guidance of a 14-15% Cap Rate on $650K+ NOI
- Completely Renovated with Minimal Expected Change-in-Ownership PIP
- C3 Highway Commercial Zoning District May Present Alternative Use Opportunities Including Multifamily Residential
- 2022 July T12 RevPAR Penetration Index of 82% Offers New Owner Significant Room to Grow Revenue (Comp Set Performing Nearly 20% Better)
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1986/2014 |
| Building Class | C | Tenancy | Single |
| Lot Size | 2.75 AC | Parking Ratio | 3.66/1,000 SF |
| Building Size | 35,548 SF | Corridor | Exterior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.75 AC |
| Building Size | 35,548 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1986/2014 |
| Tenancy | Single |
| Parking Ratio | 3.66/1,000 SF |
| Corridor | Exterior |
Amenities
- Business Center
- Fitness Center
- Pool
PROPERTY TAXES
| Parcel Number | 2-01-18-020.032 | Improvements Assessment | $275,109 |
| Land Assessment | $62,883 | Total Assessment | $337,992 |
PROPERTY TAXES
Parcel Number
2-01-18-020.032
Land Assessment
$62,883
Improvements Assessment
$275,109
Total Assessment
$337,992
zoning
| Zoning Code | C-3 (Highway commercial district) |
| C-3 (Highway commercial district) |
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