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130 John R Junkin Dr
Natchez, MS 39120

REO Sale | Hotel Vue, Ascend Hotel Collection · Hospitality Property For Sale · 64,907 SF

Investment Highlights

  • Fee simple interest in the lender-owned and third party operated 90-room Hotel Vue - offered at a substantial discount to replacement cost
  • Offered unencumbered of management and debt with the ability to retain the Ascend Collection brand
  • Situated on the state line between Mississippi and Louisiana, on the Mississippi side of the Natchez-Vidalia Bridge
  • Lender auction sale via the May 5th auction event through RealINSIGHT Marketplace
  • Strong operational upside for prospective new owner/operator
  • Adjacent to Route 61/425, the primary north/south thoroughfare connecting Memphis and New Orleans with upwards of 30,000 vehicles passing the location

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 11.04 AC
Building Size 64,907 SF
No. Stories 3
Year Built/Renovated 1974/2019
Parking Ratio 3.42/1,000 SF
Corridor Interior

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Boutique/Lifestyle Hotel
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0062-0001-0005
Land Assessment
$45,289
Improvements Assessment
$780,312
Total Assessment
$825,600

zoning

Zoning Code B-2 (General Business)
B-2 (General Business)
  • Listing ID: 25329846

  • Date on Market: 2022-03-25

  • Last Updated:

  • Address: 130 John R Junkin Dr, Natchez, MS 39120

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