Hotel & Motel Property For Sale - Master Hosts Inns - Reduced Price

506 Highway 45 North, Columbus, MS, 39701

 
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Hotel & Motel For Sale
Columbus, MS
Mississippi

Master Hosts Inns - Reduced Price

 

506 Highway 45 North

Columbus, Mississippi 39701
County: Lowndes
 
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  For Sale Active  
Property Use Type:Business For Sale
Type:Hotel & Motel
Economy/Limited Service
No. Rooms:99
Building Size:28,500 SF
Lot Size:2.70 Acres
Price:$1,800,000
Price/Room:$18,182
Year Built:1960
Property On Ground Lease:Yes
Date Last Verified:1/6/2009
Property ID:15331799
 
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 Additional Information 

Property Description:
Located in the heart of Columbus, the Master Hosts Inns features a lounge, conference center, courtyard with pool and 99 guestrooms. The property has a stable revenue stream and did $750K or room revenue and over $1M total revenue for 2007.

Location Description:
Located in Columbus, MS near Mississippi University for Women, the Tombigbee River as well as the Columbus Air Force Base.

No. Stories:2Commission Split:5%
This business for sale includes the real estate it occupies
 Highlights 
•$300,000 down•Owner financing available
 
•Easliy assumable franchise  
  Financial Summary   
No Cash Flow Information Provided
 
  Room Mix Information
Two double beds
 
One double bed
 
One king bed
 
Two room suite
 
 
  Debt & Equity Information
No Debt & Equity Information Provided
9/11/2007
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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
 
 

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