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Hotel-Motel

Oak Tree Inn Macon

46922 MS-14, Macon, MS 39341

Listing Price: Request For Offer

Number of Rooms
44
RevPAR
$8
Year Built
1990

Investment Overview

As the exclusive representative of the seller, Marcus & Millichap's National Hospitality Division is pleased to present for sale to qualified investors the Oak Tree Inn Macon (‘Hotel’ or ‘Property’). The independent Hotel will be sold through an auction on the Ten-X platform; for more information, please contact the listing agent. The Oak Tree Inn is located at 12710 US-45 in Macon, Mississippi, near the busy intersection of Highway 45 and Highway 14. The exterior-corridor Hotel was built in 2015, is situated on 2.2 acres, and has 44 rooms spread across two stories. Located in the eastern region of Mississippi, Macon is situated about 60 miles north of Meridian and 75 miles west of Tuscaloosa. The top employers of Macon include Peco Foods, Shuqualak Lumber Company, Superior Fish Products, Barge Forest Products Company, and Trailboss Trailers. While the local economy spurs demand within its respective industry, nearby attractions that drive tourism include Sam D Hamilton Noxubee National Wildlife Refuge, Sciple’s Water Mill, Aliceville Museum, Lake Lowndes State Park, Mississippi State University Libraries, Ulysses S. Grant Presidential Library, Cobb Museum of Archaeology. This two-story, 44-room Hotel presents a new investor the chance to acquire an opportunistic asset with upside potential, at a price well below replacement costs. Through the twelve-month February 2021 period, the subject Property posted a RevPAR of just $8.44 and gross revenues of just over $135.5 thousand. An experienced operator can easily drive daily rates and occupancy through basic marketing and revenue management strategies.

Investment Highlights

  • 44-Room, Two-Story, Exterior-Corridor Hotel
  • Expected to Trade Well Below Replacement Cost
  • Offers Significant Upside to Increase Room Revenue to be Competitive with the Market
  • Ability for Hands-On-Owner-Operator to Decrease Expenses & Increase Net Operating Income
  • Unencumbered by a Management Contract and Debt

Exclusively Listed By

Broker of Record

  • Mickey Davis

    Senior Associate

    (901) 620-3600

    License(s) MS: 15586

    Mississippi

Hotel-Motel

Oak Tree Inn Macon

Listing Price: Request For Offer

Number of Rooms
44
RevPAR
$8
Year Built
1990

Investment Highlights

  • 44-Room, Two-Story, Exterior-Corridor Hotel
  • Expected to Trade Well Below Replacement Cost
  • Offers Significant Upside to Increase Room Revenue to be Competitive with the Market
  • Ability for Hands-On-Owner-Operator to Decrease Expenses & Increase Net Operating Income
  • Unencumbered by a Management Contract and Debt

Investment Overview

As the exclusive representative of the seller, Marcus & Millichap's National Hospitality Division is pleased to present for sale to qualified investors the Oak Tree Inn Macon (‘Hotel’ or ‘Property’). The independent Hotel will be sold through an auction on the Ten-X platform; for more information, please contact the listing agent. The Oak Tree Inn is located at 12710 US-45 in Macon, Mississippi, near the busy intersection of Highway 45 and Highway 14. The exterior-corridor Hotel was built in 2015, is situated on 2.2 acres, and has 44 rooms spread across two stories. Located in the eastern region of Mississippi, Macon is situated about 60 miles north of Meridian and 75 miles west of Tuscaloosa. The top employers of Macon include Peco Foods, Shuqualak Lumber Company, Superior Fish Products, Barge Forest Products Company, and Trailboss Trailers. While the local economy spurs demand within its respective industry, nearby attractions that drive tourism include Sam D Hamilton Noxubee National Wildlife Refuge, Sciple’s Water Mill, Aliceville Museum, Lake Lowndes State Park, Mississippi State University Libraries, Ulysses S. Grant Presidential Library, Cobb Museum of Archaeology. This two-story, 44-room Hotel presents a new investor the chance to acquire an opportunistic asset with upside potential, at a price well below replacement costs. Through the twelve-month February 2021 period, the subject Property posted a RevPAR of just $8.44 and gross revenues of just over $135.5 thousand. An experienced operator can easily drive daily rates and occupancy through basic marketing and revenue management strategies.

Exclusively Listed By

Broker of Record

  • Mickey Davis

    Senior Associate

    (901) 620-3600

    License(s): MS: 15586

    Mississippi

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