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    Microtel Inn & Suites Investment
    Updated: Feb 7, 2024
    Microtel Inn & Suites Investment

    518 Bonita Lakes Dr, Meridian, MS 39301

    Contact for pricing
    35,789 sqft 1.80 AC lot
    79 rooms offer significant revenue potential.
    Located in a thriving area with a growing population and strong median household income.
    Gross building area of 35,789 square feet provides ample space.
    Prime location at 518 Bonita Lakes Dr, Meridian MS 39301.
    Situated on 1.8 acres of land.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Meridian, MS, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Truck Stop Property with Hotel Units
    Truck Stop Property with Hotel Units

    52 Scogin Ln, Carriere, MS 39426

    $1,299,000
    428,630 sqft 9.84 AC lot

    Former truck and auto plaza combining convenience retail, restaurant space, rental units, and supporting outbuildings.

    View details
    Truck Stop Property with Restaurant
    Truck Stop Property with Restaurant

    52 Scogin Lane, Carriere, MS 39426

    $1,299,000
    428,630 sqft 9.84 AC lot

    Large commercial site with a convenience store, restaurant, kitchen, covered flea market area, outbuildings, and rental units.

    View details
    103-Key Exterior Corridor Hotel
    103-Key Exterior Corridor Hotel

    810 Adcock St, Ridgeland, MS 39157

    $999,999
    31,738 sqft 2.51 AC lot

    Two-building 103-room economy hotel with free on-site self-parking and exterior corridor access off Interstate 55.

    View details
    92-Room Extended-Stay Hotel
    92-Room Extended-Stay Hotel

    801 Ridgewood Rd, Ridgeland, MS 39157

    $11,300,000

    Recently renovated, three-story lodging property with a limited-service operating model.

    View details

    Off-Market Properties in Meridian, MS

    Consider similar Off-Market properties in Meridian, MS. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    518 Bonita Lakes Dr
    Hotels

    518 Bonita Lakes Dr, Meridian, MS 39301

    Estimated value:
    No data
    1.80 AC lot
    View details
    538 Bonita Lakes Dr
    Hotels

    538 Bonita Lakes Dr, Meridian, MS 39301

    Estimated value:
    No data
    1.36 AC lot
    View details

    Meridian, MS Hotels Market Trends and Statistics

    Explore 3 hotels for sale in Meridian, MS on our real estate platform. These investment opportunities span a total of 35,789 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Hotels 1
    Motels 1

    Demographics Overview

    Population 59K
    Population Growth (5Y) -7.1%
    Median Household Income $47,098
    College Educated 22.0%

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lauderdale County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Lauderdale County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Meridian fall within the 50,000 to 100,000 square foot range.

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