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: 6/9/2024

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

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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

Contact

Photograph of Listing Agent

Faith Morgan

Alliance Real Estate Gulf Coast CMLS Member
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