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    404 Frontage Dr Wiggins, MS 39577

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    404 Frontage Dr Wiggins, MS 39577


    • Office buildings
    • 1,156 SF
    • 4.80 lot acres
    Southern Inn Motel For Sale For Sale
    $990,000

    Southern Inn Motel For Sale

    25-unit motel with suites, ideal for varied rental strategies.

    404 E Frontage Drive, Wiggins, MS 39577
    View Listing
    Property ID
    US50-1239004
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 404 Frontage Dr

    Year built
    1970
    Lot size
    4.80 lot acres
    Property size
    1,156 SF
    Property type
    Office buildings
    APN
    106 -23-038.000
    APU
    10623038000

    Description

    This exceptional investment opportunity presents a thriving commercial property in Wiggins, MS, encompassing a 12,374 square foot complex situated on a generous 5.27-acre lot. The property currently operates as the Southern Inn Motel, featuring 25 individual rental units, generating substantial income through nightly rentals. Single-bed units command $60.00 per night, while double-bed units rent for $70.00 per night. Adding to the revenue stream are three spacious suites, each approximately 1,160 square feet, currently leased at $1750.00 per month or $100.00 per night. The main hotel and office building comprises 8,874 square feet, while a separate building housing the three suites adds another 3,500 square feet. This versatile property is ideally suited for a variety of uses, catering to both short-term and long-term guests, offering significant potential for increased revenue and return on investment. The property's size and location provide ample opportunity for expansion or diversification of services. This is a turnkey operation with proven income streams, making it an attractive proposition for savvy investors seeking a strong foothold in the hospitality sector. The substantial square footage and expansive lot offer significant flexibility for future development and growth. This property presents a rare opportunity to acquire a well-established and profitable business with considerable upside potential.


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    Location Insight

    • Map
    • Local Demand
    City
    Wiggins
    County
    Stone
    State
    Mississippi
    Longitude
    -89.1562
    Latitude
    30.855
    CBSA code
    25060
    CBSA name
    GULFPORT-BILOXI, MS METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $10,673
    $0.00
    $0.00
    $65,970
    -
    $192,000
    $247,802
    $439,802
    View Listing
    More about this property
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