Cushman & Wakefield’s Hotel Group has been retained as the sole and exclusive advisors to market for sale the fee simple interest in the 60-Room SureStay by Best Western in Jasper, Alabama – which is located approximately ~ 40 miles from Birmingham, AL, ~ 55 Miles from Tuscaloosa, AL, and ~ 92 miles from Huntsville, AL .
The 60-room SureStay by Best Western, located at 200 The Mall Way in Jasper, Alabama, is being offered for sale with a pricing guidance of $3,600,000. The property, which includes 59 rentable rooms and one converted to laundry/vending, has undergone extensive renovations between 2021 and 2024, leaving minimal Property Improvement Plan (PIP) costs for the new owner. The hotel also features a +/- 7,000 sq. ft. space on the third floor, currently used for storage, that could be converted into a manager’s suite. Located off Interstate-22, the property is ideally positioned for an owner-operator acquisition, with the potential to increase RevPAR through hands-on management. The area is supported by a strong agriculture market, including coal, timber, and poultry processing, as well as a popular outdoor sporting market centered around fishing, boating, and watersports at nearby Lewis Smith Lake.
Please contact Jesse Lastofsky with Cushman & Wakefield for more details at 561.699.1513 or email Jesse.Lastofsky@cushwake.com