910 E Hwy 82 | Indianola, MS 38751
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910 E Hwy 82
Indianola, MS 38751
Quality Inn Indianola · Hospitality Property For Sale · 19,329 SF
Investment Highlights
- ±19,329 SF 48-Room Quality Inn with 18 king rooms, 30 double/double rooms, two-bedroom manager's quarters, and a 300 SF meeting room.
- Minimal to no PIP expected with the property already receiving a new camera system, RFID door locks, lamps, mattresses, box springs, and more.
- Great location with visibility from and Access to Highway 82 as well as Highway 49 with many nearby fast food options.
- Strong investment opportunity with a 2019 Revenue of 672K, NOI of 250K, and 200K recently spent on CapEx.
- Absentee-owned property presenting a huge upside for an owner-operator.
PROPERTY FACTS
Property Type | Hospitality | No. Stories | 2 |
Property Subtype | Hotel | Year Built/Renovated | 1989/2004 |
Building Class | B | Parking Ratio | 3.1/1,000 SF |
Lot Size | 3.00 AC | Corridor | Exterior |
Building Size | 19,329 SF |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | B |
Lot Size | 3.00 AC |
Building Size | 19,329 SF |
No. Stories | 2 |
Year Built/Renovated | 1989/2004 |
Parking Ratio | 3.1/1,000 SF |
Corridor | Exterior |
Amenities
- Business Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Hot Tub
PROPERTY TAXES
Parcel Number | 119K-32-00-102.00 | Improvements Assessment | $133,735 |
Land Assessment | $22,500 | Total Assessment | $156,235 |
PROPERTY TAXES
Parcel Number
119K-32-00-102.00
Land Assessment
$22,500
Improvements Assessment
$133,735
Total Assessment
$156,235
zoning
Zoning Code | Commercial |
Commercial |
Learn More About Investing in Hospitality Properties
Listing ID: 23031347
Date on Market: 5/12/2021
Last Updated:
Address: 910 E Hwy 82, Indianola, MS 38751
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