2625 Zelda Rd - Hospitality FOR SALE
Montgomery, AL 36107 |
2625 Zelda Rd
Montgomery, AL 36107
HIGHLIGHTS
- Ideal for an owner-operator with an upside in Revenues.
- Located directly off a major thoroughfare I-85 with easy access to US 231 and I-65.
- The property is also near Alabama State Capitol, Alabama State. University, and Montgomery Regional Airport (MGM).
- Minimal PIP Expected.
- $500,000 Renovation, including 50 rooms with new kitchenettes.
- Value Add: Opportunity to incorporate an additional 50 rooms into the franchise agreement. (Currently has 86 rooms in the franchise agreement)
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Red Roof Inn Montgomery - Midtown
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
28535
STORIES
2
ROOM ENTRANCE
Exterior
BUILDING CLASS
C
YEAR BUILT
1973
PARKING SPACES
223
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
B-4
APN/PARCEL ID
10-05-16-3-004-001.000
