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: | 8/22/2024 |
Overview / Comments
|
Presenting this rare opportunity of a Mobile, Alabama franchise branded Hotel For Sale in a Highly Desirable Location. Can be rebranded to increase desirability. This property is directly located off of a high traffic interstate location in a hotel corridor. Faith Morgan LLC 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 |
| © Copyright 2024 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Gulf Coast CMLS nor Moody's assume any liability for errors or omissions. |
