Investment Overview

As the exclusive representative of the seller, Marcus & Millichap's Hospitality Division is pleased to present for sale to qualified investors the Quality Inn Ocean Springs (‘Hotel’ or ‘Property’) located in Ocean Springs, Mississippi. The Choice Hotels International-branded Hotel is offered at $3,000,000 or $50,847 per key. Located just one mile from Ocean Springs Beach, the Quality Inn Ocean Springs is a two-story hotel with 59 rooms at 500 Bienville Boulevard in Ocean Springs, Mississippi. The hotel is easily accessible from U.S. Route 90, which sees an annual average daily traffic of approximately 25,000 vehicles. On-site amenities include a fitness center, picnic area, vending machines, coin-operated laundry facilities, and truck parking. The property also features a three-bedroom owner’s quarters. After undergoing a full property improvement plan, the renovations were completed in 2024. December 2023 was the final full month under the Travelodge brand before the rebrand. The property transitioned to a Quality Inn in February 2024. The Quality Inn presents a compelling investment opportunity within the Gulfport-Biloxi Metropolitan Statistical Area (MSA). Ocean Springs is strategically located along U.S. Route 90, with access to Interstate 10, positioning it as an ideal destination for both business and leisure travelers. The city lies just five miles from Biloxi and 17 miles from Gulfport, ensuring seamless connectivity to major Gulf Coast urban centers. The property is situated less than 20 miles from Gulfport-Biloxi International Airport. A significant demand driver for the area is Keesler Air Force Base (7.5 miles), located in neighboring Biloxi. Keesler is one of the largest technical training wings in the U.S. Air Force, training over 28,000 students annually, with a daily average of more than 2,700 students. The base also supports over 1,600 personnel in its 81st Mission Support Group, providing essential services to approximately 75,000 individuals who utilize its facilities. This strong military presence creates consistent lodging demand from active-duty personnel, their families, and visiting professionals. Ocean Springs and its surrounding area are home to a variety of attractions that draw visitors year-round. The annual Mississippi Songwriters Festival brings music lovers from across the country, while outdoor enthusiasts can enjoy activities like boating, fishing, and hiking at the Gulf Islands National Seashore. Cultural landmarks such as the Mary C. O'Keefe Cultural Arts Center (1.4 miles), featuring a 383-seat theater and versatile event spaces, and the Maritime and Seafood Industry Museum (2.5 miles) showcase the region’s heritage and vibrant arts scene. Visitors can also explore the Coastal Mardi Gras Museum (4.2 miles), the historic Biloxi Lighthouse (4.8 miles), and the Hurricane Katrina Memorial (3.8 miles). The area offers entertainment at casinos like the Beau Rivage Resort & Casino (4.2 miles), Mississippi’s largest, along with a variety of restaurants and shops. Nature lovers can discover the Old Fort Bayou Coastal Preserve (2.4 miles), and the Ocean Springs Chamber of Commerce (1.1 miles) plays a key role in supporting local businesses and tourism.