Hospitality•Economy•For Sale

Super 8 Hotel - New Orleans Area

999 Cooper Road, Picayune, Mississippi 39466

Sale Price $1,400,000
Zoning C-3 (Highway Commercial)
Year Built 1975
Year Renovated 2014
Stories 2
Gross Bldg 1 SqFt
Land Area 2 Acres
Market New Orleans
For sale, well located, revenue producing hotel in Picayune, Mississippi. This property is a two-story, 52-room Hotels, situated in excellent locations along primary lodging interchanges, connected by busy Interstate 59 (35,000 VPD). Price: $1,400,000 PROPERTY HIGHLIGHTS: • 52 Rooms • Annual Gross Revenues: $510,000 • Renovated 2014 • Breakfast/Coffee Area • Laundry Facilities • Business Center • Hot Tub • Exterior Corridor • Ample RV, Bus, Truck, & Car Parking This hotel is being offered for sale with the Econo Lodge at 550 South Lofton Street in Picayune. These hotels can be purchased together or separately. Picayune was added to the New Orleans metro area in 2014. The city is approximately 45 miles from New Orleans, Hattiesburg, and Gulfport-Biloxi. Picayune sits on the southern tip of Mississippi, just north of New Orleans, across Lake Pontchartrain and the Pearl River. Picayune boasts a small-town environment but is close to the hustle and bustle of New Orleans and the big gaming action of the Mississippi Gulf Coast. It is strategically located to offer the best of both worlds: a hometown atmosphere with easy access to the bustling cities.
  • For Sale
  • Super 8: $1,400,000
  • 52 Rooms
  • New Orleans Area
  • Revenue producing property
  • Annual gross room revenues: over $500,000
  • Well located with good Interstate 59 access & visibility
  • Multi-property opportunity: hotels offered for sale by the same owner!
  • Can be sold together or separately!
  • Great opportunity to enter the hotel industry!
11/15/2019 11:34:47 PM 11/15/2019 11:34:47 PM
James Keith
Director
Hilco Real Estate
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