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Hotel-Motel

Super 8 Gulfport Mississippi

9375 US 49, Gulfport, MS 39503

Listing Price: Request For Offer

Number of Rooms
95
RevPAR
$58
Gross SF
133,293
Year Built
1984

Investment Overview

Marcus & Millichap, as an exclusive representative of the seller, is pleased to present for sale the Super 8 by Wyndham Gulfport Near Biloxi. The subject property is a 2-story 95-room, exterior corridor hotel, with a lot size of 3.06 acres, off major thoroughfares Interstate-10 and Highway-49. In addition to strong operations and cash flow, the asset has been extensively renovated in 2021. Renovations include a new roof installation, interior, and exterior paints, AC units in 75 rooms, signs, and a number of other items. The area surrounding the property hosts a variety of demand generators including Gulfport Biloxi International Gulfport Beach, Casinos, and Gulfport Harbor. Prospective buyers have the opportunity to invest in an immediate cash-flowing business with minimal PIP and capital expenditure costs.

Investment Highlights

  • The Gulfport-Biloxi International Airport is positioned approximately two miles away from the subject property and is the second largest airport in the state of Mississippi, and welcomes nearly 800,00
  • Historically, the property has outperformed the comp set by a wide margin displaying the quality of renovations and operations on the site
  • The property was undergoing a renovation in excess of $1,000,000 in 2021
  • In 2021, the hotel achieved over $2,000,000 in gross revenue
  • The property is equipped with a three-bedroom managers apartment along which encompasses a kitchen, living room, and dining room
  • Opportunity to increase the unit count from 95 rooms to 105 rooms through the reconversion of managers apartment, non-inventory rooms, and housekeeping rooms

Exclusively Listed By

Broker of Record

  • Mickey Davis

    Senior Associate

    (901) 620-3600

    License(s) MS: 15586

    Mississippi

Financing By

Hotel-Motel

Super 8 Gulfport Mississippi

Listing Price: Request For Offer

Number of Rooms
95
RevPAR
$58
Gross SF
133,293
Year Built
1984

Investment Highlights

  • The Gulfport-Biloxi International Airport is positioned approximately two miles away from the subject property and is the second largest airport in the state of Mississippi, and welcomes nearly 800,00
  • Historically, the property has outperformed the comp set by a wide margin displaying the quality of renovations and operations on the site
  • The property was undergoing a renovation in excess of $1,000,000 in 2021
  • In 2021, the hotel achieved over $2,000,000 in gross revenue
  • The property is equipped with a three-bedroom managers apartment along which encompasses a kitchen, living room, and dining room
  • Opportunity to increase the unit count from 95 rooms to 105 rooms through the reconversion of managers apartment, non-inventory rooms, and housekeeping rooms

Investment Overview

Marcus & Millichap, as an exclusive representative of the seller, is pleased to present for sale the Super 8 by Wyndham Gulfport Near Biloxi. The subject property is a 2-story 95-room, exterior corridor hotel, with a lot size of 3.06 acres, off major thoroughfares Interstate-10 and Highway-49. In addition to strong operations and cash flow, the asset has been extensively renovated in 2021. Renovations include a new roof installation, interior, and exterior paints, AC units in 75 rooms, signs, and a number of other items. The area surrounding the property hosts a variety of demand generators including Gulfport Biloxi International Gulfport Beach, Casinos, and Gulfport Harbor. Prospective buyers have the opportunity to invest in an immediate cash-flowing business with minimal PIP and capital expenditure costs.

Exclusively Listed By

Broker of Record

  • Mickey Davis

    Senior Associate

    (901) 620-3600

    License(s): MS: 15586

    Mississippi

Financing By

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