Catylist ID:
#30864812
Red Roof Inn Mobile Alabama For Sale
Hospitality
for Sale
Call for Offers
| Catylist Listing ID: | 30864812 |
| Property Subtypes: | Hotel, Motel |
| Number of Units: | 46 Units |
| Building Size (RSF): | 22,399 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 0.92 Acres |
| Sale Price: | $3,500,000 |
| Unit Price: | $76,086.96 Per Unit |
| Property Use Type: | Investment, Vacant/Owner-User, Business |
| Franchised Business: | Yes |
| Franchise Parent Name: | Franchised |
| Sale Terms: | Other |
| Call for Offers: | Yes |
| Cap Rate: | Undisclosed |
| Last Updated: | 5/9/2024 |
Overview / Comments
|
Presenting this rare opportunity of a Mobile, Alabama franchise branded Hotel For Sale in a Highly Desirable Location. This property is directly located off of a high traffic interstate location in a hotel corridor. Alliance Real Estate is pleased to share this asset that is increasing in value and profits. Newly renovated (2023/2024) and ready to obtain a new owner-operator. Amenities include a pool and more. Interior Corridor Possible Conversion to new franchise or independent brand 3 stories Premium location Absentee owner, great upside opportunity This hotel is within close proximity to interstate and major shopping/vacation locations Please view the flyer and OM WILL COMPENSATE BUYERS AGENT |
Additional Details
| Nearest MSA: | Mobile |
| County: | Escambia |
| Tax ID/APN: | 000S009080193010 |
| Retail Clientele: | General, Family, Business, Traveler, Tourist, Recreation, Convention |
| Property Visibility: | Good |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 3,147 | 37,688 | 94,777 |
| Median Age: | 34.94 | 39.04 | 38.22 |
| Households: | 1,262 | 14,567 | 37,237 |
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