5635 Tillmans Corner Pky - Hospitality FOR SALE


Theodore, AL 36619
$3,500,000 USD
850-889-2571
5635 Tillmans Corner Pky, Theodore, AL for Sale
$3,500,000 USD
Hospitality - FOR SALE
1/22
null | Request Cap Rate

5635 Tillmans Corner Pky
Theodore, AL 36619


OVERVIEW

Faith Morgan LLC’s Commercial Real Estate Group has been retained to offer for sale the fee simple interest in the 46-room Red Roof Inn located in Mobile, Alabama—one of Alabama’s most premier coastal cities along the Gulf of Mexico. The property is a recently renovated, three-story, limited-service hotel that is conveniently located within close proximity to a variety of demand generators that include Dauphin Beach, Orange Beach, Mobile Alabama Downtown, Pensacola, Florida, and more among others. The property also presents the opportunity to take control of an exceptional brand and scale up operations to competitive set standards through focused, hands-on management and marketing. The Red Roof Inn Mobile Alabama offers investors the opportunity to acquire a recently renovated up-to-date property in a highly desirable and growing market at a below replacement cost price.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$156 USD /SF

# OF ROOMS

45

PRICE/ROOM

$77,778 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Red Roof Inn & Suites Mobile SW I-10

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1997

PARKING SPACES

49

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

B3

APN/PARCEL ID

33-08-27-2-000-023.01

ASK ABOUT THIS PROPERTY

Faith MorganAlliance Real EstateMore Info
850-889-2571

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Faith MorganAlliance Real EstateMore Info
850-889-2571

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.