FairBridge Inn Express, Natchez | 337 Devereaux Dr
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FairBridge Inn Express, Natchez 337 Devereaux Dr
50 Room Hotel Natchez, MS 39120 £1,721,390 (£34,428/Room)
Investment Highlights
- 50 rooms
- 2 story exterior corridor
- Renovated 2023
- 4 bedroom home on site for owner/manager
- Off Hwy 61
- Outdoor Pool
Executive Summary
Fairbridge Inn in the process of rebranding to Motel 6 in historic Natchez, MS being offered for sale. Seller offering Lease Option to Purchase. The property is located off Hwy 61 in quaint Natchez, a city rich in culture and heritage. The property was built in 1994 and renovated in 2023. The 50 room hotel is exterior corridor, with a large lobby and outdoor pool. Included is a separate large owner/manager four bedroom home. The hotel renovation included new LVP, interior and exterior paint, new lighting, FFE and new water heaters. The property has a metal/shingle roof in good condition. The 4 bedroom home was updated with new pain, new LVP flooring and kitchen cabinets. A shorter list of items remain for new one to complete for Motel 6 flag approval. The property is ideal for owner/operator. Great opportunity for new owner to build the business. Natchez is situated in southwest Mississippi on the beautiful Mississippi River with easy access to regional metropolitan areas and an abundance of recreational activities. The property is centrally located within a short drive from downtown, the riverwalk, restaurants and Natchez-Adams County Airport. Absentee owner.
Property Facts
| Price | £1,721,390 | Lot Size | 2.43 AC |
| Price Per Room | £34,428 | Building Size | 21,528 SF |
| Sale Type | Investment | No. Rooms | 50 |
| Sale Conditions | Business Value Included | Number of Floors | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1993/2023 |
| Property Subtype | Hotel | Parking Ratio | 3.25/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Price | £1,721,390 |
| Price Per Room | £34,428 |
| Sale Type | Investment |
| Sale Conditions | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.43 AC |
| Building Size | 21,528 SF |
| No. Rooms | 50 |
| Number of Floors | 2 |
| Year Built/Renovated | 1993/2023 |
| Parking Ratio | 3.25/1,000 SF |
| Corridor | Exterior |
Amenities
- Pool
- High Speed Internet Access
- Public Access Wi-Fi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 50 | £44.60 | - |
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PROPERTY TAXES
| Parcel Number | 0035-0001-0003 | Improvements Assessment | £90,725 |
| Land Assessment | £10,223 | Total Assessment | £100,948 |
PROPERTY TAXES
Parcel Number
0035-0001-0003
Land Assessment
£10,223
Improvements Assessment
£90,725
Total Assessment
£100,948
zoning
| Zoning Code | B-4 (Motel) |
| B-4 (Motel) |
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Charlotte Jones -
KW Commercial
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FairBridge Inn Express, Natchez | 337 Devereaux Dr
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