Red Roof Inn


Price:
$3,150,000

Address :
9435 US 49
Gulfport, MS 39503


  •  Well located on US 49 off Interstate 10
  •  Significant renovations in past 18 months; minimal PIP anticipated
  •  Concrete block construction
  •  Rapidly growing senior retirement area
  •  Multiple and varied demand sources
    View Map    View Aerial
  •  Gulfport is the population center for Harrison County, and the Gulfport-Biloxi-Pascagoula, Mississippi Combined Statistical Area is home to 427,322 people.
  •  The dynamic Gulfport-Biloxi economy is stabilized by the large military presence. Other important sectors include shipbuilding, manufacturing, health care, and tourism.
  •  Close to Regional Demand Generators:
    •  0.48 Miles to Gulfport Premium Outlets
    •  1.14 Seaway Business Park
    •  1.81 Miles to Gulfport-Biloxi International Airport
    •  1.84 Miles to Gulf Islands Waterpark
    •  1.84 Miles to Gulfport Sportsplex
    •  5 Miles from Mississippi Aquarium (Opening May 2020)
    •  10.4 Miles to Harrison County Fairgrounds
    •  12.1 Miles to Mississippi Coast Coliseum & Convention Center
    •  12.38 Miles to Hard Rock Hotel & Casino Biloxi
    •  14.1 Miles to North Harrison County Industrial Complex
  •  2 Stories
  •  Exterior Corridors
  •  Block Construction
  •  Stucco Facade
  •  Flat, Rubber Roof
  •  Concrete Parking Lot
  •  Complimentary Continental Breakfast Room (Seats 42)
  •  Guest Laundry
  •  Fitness Center
  •  Wireless Internet
  •  ±2.6 Acres
  •  Built 1994
Thank you for your interest in this Mumford Company Listing. In order to review the financial and operating performance of this property, please complete the required fields below. If you are a real estate broker, please click here and you will be directed to our co-brokerage registration form.




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Financials
2017
2018
2019
T-12Mos - 6/20
Occupancy
20.08%
34.42%
40.54%
40.27%
Average Daily Rate
$60.63
$66.59
$64.30
$59.79
RevPar
$12.17
$22.92
$26.07
$24.08
Room Revenue
$250,843
$936,825
$1,065,654
$981,349
Net Operating Income
N/A
$306,871
$238,863
N/A
This is a confidential offering intended for the recipient's use in determining the advisability of negotiating for purchase. Do NOT Contact the Property Directly! All Showings by Appointment Only!