1417 Veterans Memorial Pky - Hospitality FOR SALE
Tuscaloosa, AL 35404 |
1417 Veterans Memorial Pky
Tuscaloosa, AL 35404
HIGHLIGHTS
- Four-Story, 59-Room, Wyndham Hotels and Resorts-Branded Hotel
- Located Two Miles from the University of Alabama
- Surrounded by a Diverse Array of Nationally Acclaimed Retailers, Restaurants, and Entertainment Amenities
- YE 2022 Room Revenues Exceeded $1.06 Million with Over $363 Thousand in Net Operating Income
- Offered Fee-Simple, Unencumbered by Management Contracts or Existing Debt
OVERVIEW
The Microtel Inn and Suites is located at 1417 Veterans Memorial Pkwy in Tuscaloosa, Alabama, about two minutes from The University of Alabama. The 59-room, four-story building was constructed in 2008 and situated on a one-acre lot. The Property maintains a variety of common area amenities including a business center, fitness center, meeting room, and parking for buses or trucks.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Microtel Inn & Suites by Wyndham
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
23968
STORIES
4
ROOM ENTRANCE
Interior
BUILDING CLASS
C
YEAR BUILT
2008
PARKING SPACES
65
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
BH
APN/PARCEL ID
30-09-30-1-004-009.000
