Ameristar Casino Entertainment Vicksburg Ms
Investment Overview
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.
Ameristar’s 70,000 square-foot riverboat casino has brought nonstop action to Vicksburg, including almost 1,200 of the latest and most popular slot machines, 36 table games, a poker room, sports book and variety of exquisite dining options. Get with the program. M life Rewards gets you access to the best MGM Resorts has to offer. Join today and receive:. Up to 15% off room rates. Pre-sale ticket offers to world-class entertainment. Entertainment Ameristar Casino Vicksburg is your premier destination for entertainment and nightlife in Mississippi. We offer a variety of live events, concerts and free shows from rock, blues to country.
- The recently renovated Ameristar Casino Hotel Vicksburg features 149 luxurious guest rooms at their Mississippi hotel that are designed with a crisp, modern look and unparalleled comfort. Guests enjoy beautiful views of the Mississippi Rive.
- 2.2 PlaySunny is operated by Dazzletag Entertainment Ltd 2010 - Licensed and regulated by the Malta Gaming Authority (MGA) Ameristar Casino Vicksburg Ms Sports Betting under licenses MGA/CL1/711/2010 and MGA/CL3/711/2010, Ameristar Casino Vicksburg Ms Sports Betting both issued on 24th August 2011, and license MGA/CL1/1133/2015 issued on 19th.
Heritage Restaurant features an all-you-can-eat home style menu, with options for everyone.
Ameristar In Vicksburg
Sit a spell with us and you’ll experience the region’s legendary graciousness along with mouth-watering dishes. Relax while our chefs cook up favorites of the Deep South, from signature steaks to fresh gulf seafood. It’s Delta Magic on a plate.
Casino Entertainment Ms
From the casual atmosphere to the friendly service, Bella's Bakery & Café is the perfect choice for a quick and delicious meal. Our selection of specialty pizzas and sandwiches, as well as Southern favorites such as Po Boys and Gumbo, make Bella’s Bakery & Café a great place to catch a game or meet friends. No matter the occasion, Bella’s is always here to serve you.