For Sale
$1,300,000

404 Frontage DrWiggins, MS 39577

High-Income Potential, 25+ Units

Overview

Added:
Feb 3
Days on market:
63
This exceptional investment opportunity presents a thriving commercial property in Wiggins, MS, encompassing a 12,374 square foot complex situated on a generous 5.27-acre lot. The property currently operates as the Southern Inn Motel, featuring 25 individual rental units, generating substantial income through nightly rentals. Single-bed units command $60.00 per night, while double-bed units rent for $70.00 per night. Adding to the revenue stream are three spacious suites, each approximately 1,160 square feet, currently leased at $1750.00 per month or $100.00 per night. The main hotel and office building comprises 8,874 square feet, while a separate building housing the three suites adds another 3,500 square feet. This versatile property is ideally suited for a variety of uses, catering to both short-term and long-term guests, offering significant potential for increased revenue and return on investment. The property's size and location provide ample opportunity for expansion or diversification of services. This is a turnkey operation with proven income streams, making it an attractive proposition for savvy investors seeking a strong foothold in the hospitality sector. The substantial square footage and expansive lot offer significant flexibility for future development and growth. This property presents a rare opportunity to acquire a well-established and profitable business with considerable upside potential.

Property Details for 404 Frontage Dr

Property type
Square Feet
12,374 SF
Year Built
1970
Lot Size (sq. ft)
229,561 SF

Location Insight

City
Wiggins
County
Stone
State
Mississippi
Latitude
30.8549
Longitude
-89.1566
404 Frontage Dr, Wiggins, Mississippi

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404 Frontage Dr
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