Property summary
This fully renovated 51-key Super 8 by Wyndham motel presents a compelling value-add investment opportunity in Picayune, Mississippi. Located directly off the I-59 corridor, this 17,083 square foot property boasts excellent visibility and accessibility for travelers. The 2022 renovation encompassed all guest rooms and common areas, featuring upgrades such as new hard and soft goods, marble vanities, modern showers, updated flooring, exterior painting, new PTAC units, and new mattresses. Each… of the 51 units includes a microwave, mini-fridge, and a 40" TV. A manager's suite conveniently located adjacent to the reception area adds operational efficiency. The property sits on an 87,120 square foot lot with 61 parking spaces and is zoned C-2 Highway Commercial District. Built in 1982, this three-building, two-story motel offers a strong foundation for continued growth. Its strategic location near attractions like Stennis Space Center and Honey Island Swamp Tours, coupled with its proximity to downtown Picayune, ensures consistent demand throughout the year. The occupancy rate as of December 21, 2023, was 57.09%. The asking price is $2,450,000, representing a price per key of $48,039.22 and a price per square foot of $143.42. This property offers a 14% cap rate at the asking price. The property is not subject to a ground lease.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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