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Welcome Inn & Suites 2131 Casino Strip Blvd 102 Room Hotel Robinsonville, MS 38664 $979,000 ($9,598/Room) 1% Cap Rate

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Executive Summary

Great investment opportunity for an owner operator to take advantage of a low operating cost business

Jan-Dec 2022 Profit and Loss Detail

Property Facts

Price	$979,000	Building Size	38,297 SF
Price Per Room	$9,598	No. Rooms	102
Sale Type	Investment	No. Stories	3
Cap Rate	1%	Year Built	2005
Sale Conditions	High Vacancy Property Redevelopment Project	Tenancy	Single
Property Type	Hospitality	Parking Ratio	2.87/1,000 SF
Property Subtype	Hotel	Corridor	Interior
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size	2.44 AC
Zoning	C-1 - Gaming or Resort District

Price	$979,000
Price Per Room	$9,598
Sale Type	Investment
Cap Rate	1%
Sale Conditions	High Vacancy Property Redevelopment Project
Property Type	Hospitality
Property Subtype	Hotel
Building Class	C
Lot Size	2.44 AC
Building Size	38,297 SF
No. Rooms	102
No. Stories	3
Year Built	2005
Tenancy	Single
Parking Ratio	2.87/1,000 SF
Corridor	Interior
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	C-1 - Gaming or Resort District