518 Bonita Lakes Dr Meridian, MS 39301

Listing agency Century 21 Allstars

Listed by Silvestre Madrigal Jr. · License #01363650

Source Crexi

Added: Feb 7, 2024 Updated: Jul 10 at 11:22AM Checked: Jul 21 at 7:06AM

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Investment Insights

Based on property information with market context.

Microtel Inn & Suites by Wyndham Meridian, constructed in 2001, presents an investment opportunity. Located at 518 Bonita Lakes Dr, Meridian MS 39301, the property features 79 rooms within a three-story building. The gross building area totals 35,789 square feet, with a typical floor area of 11,930 square feet. Situated on 1.8 acres, the property is positioned in a thriving area with convenient access to amenities and attractions. The surrounding area benefits from a growing population and a strong median household income, making it a promising location for hospitality businesses. This property is an attractive investment opportunity for those looking to enter or expand in the hotel market.

Key Highlights

• 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.

Property Analytics

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FAQs

What type of property is this?

Hotel - 79-room hotel investment opportunity in Meridian, Mississippi.

Where is this hotel located?

The property is located at 518 Bonita Lakes Dr Meridian, MS.

What is the asking price?

The asking price for this property is $2,699,999.

What are key features of this property?

This property features: 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.