1504 S McKenzie St - Hospitality FOR SALE
Foley, AL 36535 |
$3,800,000 USD
786-772-0719
1504 S McKenzie St
Foley, AL 36535
HIGHLIGHTS
- Strategic Location: Conveniently positioned on McKenzie Street, a primary route leading to Gulf Shores
- Modern and Turnkey: Fully renovated with the Dawn Package, the property requires minimal Property Improvement Plan (PIP) investment
- Ideal for Entry-Level Hoteliers: A perfect opportunity for aspiring hotel owners to enter the market with a manageable and well-positioned property
- Significant Growth Potential: With renovations complete, the property is primed to optimize operations, enhancing occupancy rates, ADR, and RevPAR.
- Thriving Tourism Market: Gulf Shores is a high-traffic destination attracting 8 million visitors annually
- Seller Financing Available.
FOR SALE DETAILS
PRICE
$3,800,000 USD
PRICE/SF
$141 USD /SF
# OF ROOMS
42
PRICE/ROOM
$90,476 {currency}
CAP RATE
Request Cap Rate
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Days Inn by Wyndham Foley
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
2
ROOM ENTRANCE
Exterior
BUILDING CLASS
C
YEAR BUILT
1994
PARKING SPACES
85
LAND DETAILS
LAND ACRES
2.28 AC
LAND SF
99,317 SF
ZONING
Commercial
APN/PARCEL ID
54-09-32-4-000-003.000
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
786-772-0719
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
786-772-0719
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
