Super 8 Hotel - New Orleans Area
Listing was updated at: 10/29/2018
Property Overview
Price/Rent PSF $ 1,400,000.00
Asset Type Hospitality
Trade Type Sale
SQ. FT. Available 1
Date Available 10/29/2018
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Floors 2
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Description

Location
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.

Sale
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.

Location