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Fairbridge Inn

Hospitality | 50 Keys

Listing Contacts

Active

Asking Price: $1,600,000
Address 

337 Devereux Dr, Natchez, MS 39120

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Date Added
Aug 31, 2023
Days on Market
601 days
Time Since Last Update
19 days

Details

Property TypeHospitality
SubtypeHotel, Motel
Brand/TenantMotel 6
Keys50
Year Built1994
Year Renovated2023
Buildings2
Stories2
ZoningB4
Lot Size (acres)2.43
APN003500010003
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Marketing Description

PRICE IMPROVEMENT ! Fairbridge Inn in historic MS being offered for sale.​ The property is located off Hwy 61 in the heart of quaint Natchez, a city rich in culture and heritage.​ Exterior corridor property with 50 rooms, large lobby, outdoor pool, and a four bedroom home for owner / manager on site.​ Built in 1994 and renovated in 2023.​ Renovation includes new LVP, interior and exterior paint, lighting, FFE and new water heaters.​ The 4 bedroom house has been updated with new LVP flooring, kitchen cabinets and painted.​ Property has a Motel 6 franchise agreement ready with a short list of items remaining of approximately $150,000 for new one to complete.​  The property is ideal for an owner / operator.​ Great opportunity for new owner to build the business.​ Natchez is situated in southwest Mississippi on the beautiful Mississippi River with easy access to regional metropolitan areas and an abundance of recreational activities.​ The property is centrally located within a short drive from downtown, the riverwalk, restaurants and Natchez-Adams County Airport.​ Absentee Owner.​

Investment Highlights

  • 50 rooms

  • 4 bedroom home on site for owner / manager

  • Exterior Corridor

  • 2 story

  • Metal & shingle roof

  • Off Hwy 61

  • 2.5 miles to downtown Natchez

  • 2. 5miles to Mississippi Riverwalk

  • 2 hour drive from Louisiana’s Baton Rouge

  • 8 miles from Natchez-Adams County Airport

  • 23 miles to Frogmore Cotton Plantation & Gins

  • 95 miles to Jackson MS

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Due Diligence

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Listing Contacts


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