Turnkey Motel Investment Opportunity in Quitman, Mississippi

Asking Price$800,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.Not Disclosed

Price per Sq. Ft.Not Disclosed

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Turnkey Motel Investment Opportunity in Quitman, Mississippi


Asking Price$800,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.Not Disclosed

Price per Sq. Ft.Not Disclosed

Property Description
Discover an exceptional investment opportunity with this 25-key motel located in the growing community of Quitman, MS. This two-story, exterior corridor property includes a spacious 2-bedroom, 1-bath apartment—perfect for an on-site owner or manager. The motel is currently undergoing thoughtful renovations while maintaining strong daily operations, with 15 rooms consistently booked. Recent upgrades include all new locks, brand-new TVs, new flooring in every room, all-new furniture, and five rooms featuring brand-new air conditioning units. Additionally, a new water heater tank was installed just four months ago, and a new cable service provider has been added for enhanced guest satisfaction. These continuous improvements make this property an appealing option for investors seeking both immediate income and long-term upside potential.

Located in the heart of Quitman, this property is strategically positioned near one of Mississippi’s most significant upcoming economic developments. Howard Industries has announced a $237 million expansion project across three counties, with $100 million being invested right here in Quitman. This project is expected to create 300–400 new jobs locally, further boosting demand for workforce and visitor lodging in the area.

Quitman offers the perfect blend of small-town charm and economic growth, serving as the county seat of Clarke County. Its welcoming community, affordable living, and growing industrial presence make it a promising location for investors looking to capitalize on Mississippi’s expanding economy. This motel represents a rare opportunity to acquire a well-located, income-producing asset in a market on the rise. With ongoing upgrades and major nearby investment driving future demand, it’s the perfect time to secure this property’s potential.
Listing Info
ID:
2438229
Listing Views:
57

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Property Listed by: Sonia Kaur Urban Real Estate

Listing ID: 2438229 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.