Red Roof Inn & Suites Vicksburg

80 Room Hotel | Vicksburg, MS 39180 | $3,875,000 ($48,438/Room)

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $3,875,000

Property Type
Hospitality
Square Feet
21,396 SF

Listing Contacts

Raiyan Rab
Raiyan Rab
Verified Profile
  • Property Info

Property Overview

Red Roof Inn & Suites Vicksburg is conveniently located right off Interstate I-20 with easy access to US 61. The hotel is close to historic downtown Vicksburg, Old Warren County Court House Museum (2.9 mi), Vicksburg National Military Park (3.6 mi), USS Cairo Museum (4.9 mi), Biedenharn Coca-Cola Museum (3.1 mi), Catfish Row Museum (3.2 mi), Vicksburg Convention Center (2.9 mi), Vicksburg Mall (0.8 mi), Levee Street Marketplace (3.3 mi), Attic Gallery (3.1 mi), H.C. Porter Gallery (3 mi), B&B Theatres Vicksburg Mall 6 (1.1 mi), Ameristar Casino Vicksburg (2.5 mi), Lady Luck Casino Vicksburg (3.4 mi), WaterView Casino (3.2 mi), Riverwalk Casino (3.7 mi) and Merit Health River Region (1.2 mi). The nearest airport is Jackson-Evers International Airport, 53.7 miles from the hotel.
Location Highlights:
1. Vicksburg National Military Park (4 miles): A significant historical site commemorating the Civil War Battle of Vicksburg. The park includes monuments, exhibits, and a cemetery.
2. Old Courthouse Museum (5 miles): Housed in a historic courthouse, this museum showcases the history of Vicksburg through exhibits and artifacts.
3. Biedenharn Coca-Cola Museum (4 miles): A museum that explores the history of Coca-Cola and its ties to Vicksburg. It is located in the historic Biedenharn Mansion.
4. Vicksburg Riverfront Murals (3 miles): Outdoor murals along the riverfront depicting scenes from Vicksburg's past.
5. Vicksburg Battlefield Museum (4 miles): Another museum dedicated to the Civil War history of Vicksburg.
Please Do Not Call The Hotel or Hotel Employees about the Sale of the Hotel. Absentee Owner.

Property Details

Class
B
Year Built
1995
Stories
3
Property Subtype
Hotel
Lot Size (sq. ft)
8,712 SF
Units
80

Highlights

  • Significant Capex improvement has been Completed
  • New Roof Replacement. New Exterior Paint.
  • Extensive Renovations throughout the Hotel, Public Areas, and Guest Rooms. PIP Completed.
  • Minimal to No PIP for the New Buyer. Turn Key Operations.
  • Absentee Ownership. Employee Operated. Great Upside for Owner Operator/
  • Close to all demand generators. Bank Financing Available.

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