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Hotel for Sale – Prime Mississippi River View 4031 Washington St 24 Room Hotel Vicksburg, MS 39180 $1,156,263 CAD ($48,178 CAD/Room) 10.53% Cap Rate
Executive Summary
Hotel for Sale – Prime Mississippi River and Bridge View in Vicksburg, MS. Downtown!
2 Buildings: Address: 4031 and 4033 Washington Street, Vicksburg, Mississippi 39183
Outstanding Below-Market Investment Opportunity!
Now available: a unique 24-room hotel perfectly positioned overlooking the Mississippi River in the heart of Vicksburg. This two-story property features two solidly constructed buildings blending brick and wood for timeless appeal and durability.
Property Highlights:
24 spacious guest rooms with options for remodeling or brand conversion
Two buildings on a strong foundation
Generous on-site parking with easy guest access
Between two major casinos, ensuring strong year-round traffic
Minutes from downtown Vicksburg, historic landmarks, and river attractions
Investment Features:
Below market price – exceptional value in a prime location
Huge potential for renovation, rebranding, or expansion
High return on investment potential with consistent area demand
Perfect for investors or owner-operators seeking long-term growth
Land: 1.08 Acres
A Rare Find in Vicksburg:
With its unbeatable location, solid structure, and expansion flexibility, this property offers the perfect foundation for a boutique hotel, extended-stay concept, or modern riverside retreat.
2 Buildings: Address: 4031 and 4033 Washington Street, Vicksburg, Mississippi 39183
Outstanding Below-Market Investment Opportunity!
Now available: a unique 24-room hotel perfectly positioned overlooking the Mississippi River in the heart of Vicksburg. This two-story property features two solidly constructed buildings blending brick and wood for timeless appeal and durability.
Property Highlights:
24 spacious guest rooms with options for remodeling or brand conversion
Two buildings on a strong foundation
Generous on-site parking with easy guest access
Between two major casinos, ensuring strong year-round traffic
Minutes from downtown Vicksburg, historic landmarks, and river attractions
Investment Features:
Below market price – exceptional value in a prime location
Huge potential for renovation, rebranding, or expansion
High return on investment potential with consistent area demand
Perfect for investors or owner-operators seeking long-term growth
Land: 1.08 Acres
A Rare Find in Vicksburg:
With its unbeatable location, solid structure, and expansion flexibility, this property offers the perfect foundation for a boutique hotel, extended-stay concept, or modern riverside retreat.
Property Facts
| Price | $1,156,263 CAD | Lot Size | 1.08 AC |
| Price Per Room | $48,178 CAD | Building Size | 10,237 SF |
| Sale Type | Investment | No. Rooms | 24 |
| Cap Rate | 10.53% | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1985/2022 |
| Property Subtype | Hotel | Parking Ratio | 0.67/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Price | $1,156,263 CAD |
| Price Per Room | $48,178 CAD |
| Sale Type | Investment |
| Cap Rate | 10.53% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.08 AC |
| Building Size | 10,237 SF |
| No. Rooms | 24 |
| No. Stories | 2 |
| Year Built/Renovated | 1985/2022 |
| Parking Ratio | 0.67/1,000 SF |
| Corridor | Exterior |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 24 | $88.42 CAD | - |
1 1
Property Taxes
| Parcel Number | 1085-29-0730-0017-00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $24,705 CAD |
Property Taxes
Parcel Number
1085-29-0730-0017-00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$24,705 CAD
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Presented by
Milak, Sam
Hotel for Sale – Prime Mississippi River View | 4031 Washington St
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