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This Hospitality Property is no longer advertised on LoopNet.ca.

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
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

PROPERTY TAXES

Parcel Number
119K-32-00-102.00
Land Assessment
$32,311
Improvements Assessment
$192,051
Total Assessment
$224,363

zoning

Zoning Code Commercial
Commercial
  • Listing ID: 23031347

  • Date on Market: 2021-05-12

  • Last Updated:

  • Address: 910 E Hwy 82, Indianola, MS 38751

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