65600 Al Highway 77 - Hospitality FOR SALE


Talladega, AL 35160
$2,000,000 USD
704-904-0480
65600 Al Highway 77, Talladega, AL for Sale
$2,000,000 USD
Hospitality - FOR SALE
1/4
null | Request Cap Rate

65600 Al Highway 77
Talladega, AL 35160


HIGHLIGHTS

  • Independent hotel unencumbered by franchise or management
  • Multiple Franchise Rebranding Opportunities
  • Easy access to I-20
  • Ideal Conversion to Multi-Family Apartments
  • Priced at $23,500/key

OVERVIEW

Introducing a prime opportunity for hospitality and economy investors: a 39,406 SF building boasting 100 units, free from franchise or management constraints, offering versatile potential for multiple franchise rebranding opportunities or conversion to multi-family apartments. Strategically located in the desirable Talladega area with easy access to I-20, this property presents an enticing value proposition at just $23,638 per key. Built in 1980 and zoned C-4, this independent hotel offers a unique investment prospect with promising possibilities for expansion and growth.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$51 USD /SF

# OF ROOMS

97

PRICE/ROOM

$20,619 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Budget Inn & Suites

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1980

PARKING SPACES

105

LAND DETAILS

LAND ACRES

5 AC

LAND SF

217,800 SF

ZONING

Commercial

APN/PARCEL ID

13-05-21-1-000-001.002

ASK ABOUT THIS PROPERTY

Roshan BhulaNewGen AdvisoryMore Info
704-904-0480

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Roshan BhulaNewGen AdvisoryMore Info
704-904-0480

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