Dixiana Motel


Price:
  $750,000   
$695,000

Address :
4041 Washington St
Vicksburg, MS 39180


  •  Property currently operates as an independent.
  •  Priced well below replacement cost.
  •  Well-located to Vicksburg casinos and regional attractions.
  •  Great opportunity for first-time owner/operator.
  •  Manager’s apartment.
  •  Long-term, extended-stay guests.
  •  Purchase includes 12.54 acres of land with strong development potential.
  •  Seller will consider short-term seller financing for a qualified purchaser.
    View Map    View Aerial
  •  Situated where the Yazoo River joins the Mississippi River, the City of Vicksburg has been a strategic river port throughout its history.
  •  Only Minutes from Ameristar Casino, Lady Luck Casino, Riverwalk Casino and Waterview Casino
  •  Close to Regional Demand Generators, Including...
    •  Across the street from Riverfront Park
    •  2.4 Miles to Vicksburg Mall
    •  4.0 Miles to Vicksburg National Military Park
    •  4.9 Miles to The Outlets at Vicksburg
    •  7.6 Miles to Merit Health River Region
  •  51 Rooms
  •  Manager’s Apartment
  •  1 & 2 Stories
  •  10 Buildings of Varying Construction Styles
  •  Exterior Corridors
  •  Concrete Parking Lot
  •  Built 1945
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
2014
2015
2016
T-12Mos 6/17
Occupancy
39.22%
55.78%
48.67%
47.73%
Room Revenue
$147,043
$251,295
$241,556
$241,864
Net Operating Income
$7,992
$66,249
$43,940
N/A
The majority of units function as extended-stay units.
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!