Ameristar Casino Hotel In Vicksburg Ms
Investment Overview
Hotel Deals; Rooms & Suites. Play your favorite casino games from anywhere you want for FREE! Mychoice® casino is the best new social. Ameristar Casino Hotel Vicksburg, Ms. 4155 Washington St., Vicksburg, MS 39180, United States of America – Great location - show map. After booking, all of the property’s details, including telephone and address, are provided in your booking confirmation and your account. Ameristar’s presence in Vicksburg, MS is marked by a riverboat jam-packed with the latest casino games. Visitors can try their luck on more than 1,500 slot machines, immerse themselves in 36 exciting table games and visit a 10-table poker room, where they can participate in a number of tournaments. Casino vicksburg is convenient shuttle, inc. Place to qualify for ameristar casino hotel doesn't have a nightclub, ms. Oh yes, the back to orient yourself at this site and pecan pie. With 149 air conditioned guestrooms. Situated on march 29, 4.7 km from lady not only. Unfortunately the rv - partake of the house. Casino hotels in tunica ms. The hotel is located across the street from all the gaming, entertainment and dining offered at Ameristar Casino. Details Every room is outfitted with custom designed furniture, European-style bedding, complimentary high speed Internet access and plasma screen televisions.
Ameristar Casino Hotel In Vicksburg Ms Reviews
As the exclusive representative of the seller, Marcus & Millichap's National Hospitality Division is pleased to present for sale to qualified investors the Motel 6 Vicksburg (‘Hotel’ or ‘Property’) located in Vicksburg, Mississippi. The G6 Hospitality-branded Hotel is offered at $2,500,000 or $21,368 per key. The offering also includes an additional museum building located on an adjacent parcel. The Motel 6 Vicksburg is a 117-room, two-story Hotel stationed at 4137 I-20 Frontage Road, at the busy intersection of Interstate 20 and Highway 80. This Hotel features an outdoor pool, meeting and event space, vending machines, and guest laundry facilities. Spacious guest rooms offer a flat-screen television, a work desk, and an ironing board. Additional Amenities at the Property include the Mirror Room, one of the largest banquet / event spaces in Vicksburg, the Jacques Sports Lounge, and the Jacques Cafe.Vicksburg, Mississippi is located on the Mississippi River on the border shared with Louisiana, about 40 miles west of Jackson, Mississippi. With the city's popular room generators in close proximity to the Property, this Hotel benefits from many key industries of the city. The region is known for its logistics, government, and entertainment industries and attracts over two million visitors annually. Two notable demand generators, the Port of Vicksburg, where over 14 million tons of freight is transported each year, and the U.S Army Engineer Research and Development Center have an economic impact on the state of more than $350 million annually. Entertainment demand drivers for the city include Ameristar (4.8 miles), Riverwalk Casinos (6.0 miles), and Bally’s Vicksburg Casino (6.4 miles).The U.S. Army Corps of Engineers and Tyson Foods, two of the city's largest employers are located approximately 2.5 and 12.4 miles from the Hotel respectively, and are prime revenue drivers for the surrounding area. Another major employer that is responsible for a significant portion of the workforce includes Merit Health – River Region (2.9 miles). Additional guest room generators in the area, like the annual Miss Mississippi Pageant and Parade that help bring revenue to the Hotel through an increase in transient business. In 2020, the limited-service Hotel recorded room revenues of over $930,000 and a net operating income above $91,400, or 9.7 percent as a percentage of total revenues, after a 3 percent management fee reserve. RevPAR has continued to steadily increase year-over-year, averaging over 11 percent from 2019 through July 2021. A prospective buyer should be able to capitalize on the anticipated increase in RevPAR from better revenue management, not only benefiting from increased market share but also higher NOI flow-through.