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Investment Highlights

  • Near the lake and mall
  • offering excellent visibility and foot traffic

Executive Summary

Hotel available for sale.

Financial Summary (Actual - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price $2,500,000
Price Per Room $31,646
Sale Type Investment
Sale Condition Ground Lease (Leasehold)
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.80 AC
Building Size 35,789 SF
No. Rooms 79
No. Stories 3
Year Built 2001
Parking Ratio 2.01/1,000 SF
Corridor Interior
Zoning C - Commercial

Amenities

  • Business Center
  • Fitness Center
  • Meeting Event Space

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 45 $89.00 -
Guest Room 34 $74.00 -
Moderately walkable
70/100
Exceptionally drivable
100/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
085-16-0-0256-000-00200
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$337,289 (2025)
  • Listing ID: 31751862

  • Date on Market: 1/11/2024

  • Last Updated:

  • Address: 518 Bonita Lakes Dr, Meridian, MS 39301

Contact the Sale Advisor

Microtel Inn & Suites by Wyndham Meridian | 518 Bonita Lakes Dr

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