Quality Inn


Price:
  $4,575,000   
$3,875,000

[Currently Under Contract]

Address :
1210 US-45
Columbus, MS 39705


  •   Revenue will continue to increase as a result of the property returning in May 2019 to the Choice Reservation system as it had been off for many months.
  •  Located in the Golden Triangle Area of Columbus, Starkville and West Point and convenient to the high tech and advanced manufacturing in this region
  •  Home to many recently developed and prospective developing industries
  •  Absentee owned and operated
  •  Major renovation in 2015
    View Map    View Aerial
  •  The county seat for Lowndes County, Columbus is part of Mississippi’s Golden Triangle, which is home to ±128,000 people.
  •  Since 2003, the Golden Triangle has seen more than $5.9 billion in capital investments and the addition of 6,000 jobs in the region.
  •  Regional colleges and universities – Mississippi State University, the Mississippi University for Women, and the East Mississippi Community College – have worked closely with area employers.
  •  Close to Regional Demand Generators:
    •  1.3 Miles to Baptist Memorial Hospital – Golden Triangle
    •  1.5 Miles to Downtown Columbus
    •  1.7 Miles to Riverside Park & Riverwalk
    •  8.6 Miles to Columbus Air Force Base
    •  13.5 Miles to East Mississippi Community College
    •  25 Miles to Mississippi State University
  •  106 Rooms
  •  Concrete Block Building
  •  Exterior Corridors
  •  Brick Facade
  •  Metal Pitched Roof
  •  Asphalt Parking Lot
  •  Complimentary Breakfast Room
  •  Two Meeting Rooms
  •  Business Center
  •  Wireless Internet
  •  ±2.18 Acres
  •  Built 1985
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.




Please check this box if you would like to subscribe to our weekly newsletter.

Financials
2016
2017
2018
T-12Mos 11/19
Occupancy
55.68%
57.86%
52.00%
50.39%
Average Daily Rate
$68.36
$68.20
$70.08
$68.37
RevPar
$38.06
$39.46
$36.44
$34.45
Room Revenue
$1,476,653
$1,526,727
$1,409,880
$1,332,908
Net Operating Income
$360,278
$337,372
$220,873
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!