Microtel Inn & Suites
For Sale
Contact for pricing
518 Bonita Lakes Dr, Meridian, MS 39301
79-room hotel investment opportunity in Meridian, Mississippi.
Property Size35,789 SF
Lot Size1.80 Acres
Price / SF$75.44
Days on Market940
Property Features for 518 Bonita Lakes Dr
General Information
Standard status
Active
Size
35,789 SF
Lot size
1.80 Acres
Property subtype
Hospitality
Listing Agency:
Century 21 Allstars
Listed By:
Silvestre Madrigal Jr. · License #01363650
Source:
Crexi
Added: Feb 7, 2024
Changed: Aug 28
Last Checked: Sep 2 at 8:16AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Allstars
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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
364
Businesses Nearby
Explore this area
Business Placement
Demographics for 39301, MS
23,537
Population
11,047
Households
2.1
Avg Household Size
39
Median Age
16%
College-Educated
83%
High-School Grad
260.7 sq mi
ZIP Area
90
Density / Sq Mi
$42,701
Median Household Income
$34,804
Median Earnings
$888
Median Rent
$105,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
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.
