1000 W I-65 Service Rd S | Mobile, AL 36609
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1000 W I-65 Service Rd S
Mobile, AL 36609
Courtyard Mobile · Hospitality Property For Sale · 47,235 SF
Investment Highlights
- 78-room, Marriott-branded hotel with immense visibility and easy access to I-65 and I-10 (98,000+ AADT), the surrounding major US highway systems.
- New 15-year Franchise Agreement term started in September 2022 and provides ample investment stability and reliability.
- Property enjoys the benefit of a superior reservation system and the Marriott Bonvoy rewards program that has over 160 million members.
- Minimal PIP requirements - the seller has invested $4.38 million in CapEx; The roof was completely redone in 2021.
- Hotel has the opportunity to grow revenues and efficiencies, which will be extremely attractive to the investment community.
- With a heavily trafficked consumer corridor, surrounded by retailers, including The Home Depot, Waffle House, CarMax, Target, and more.
PROPERTY FACTS
Sale Conditions | Auction Sale | Building Size | 47,235 SF |
Property Type | Hospitality | No. Stories | 3 |
Property Subtype | Hotel | Year Built/Renovated | 1994/2022 |
Building Class | B | Parking Ratio | 1.69/1,000 SF |
Lot Size | 1.80 AC | Corridor | Interior |
Sale Conditions | Auction Sale |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | B |
Lot Size | 1.80 AC |
Building Size | 47,235 SF |
No. Stories | 3 |
Year Built/Renovated | 1994/2022 |
Parking Ratio | 1.69/1,000 SF |
Corridor | Interior |
Amenities
- Balcony
- Business Center
- Fitness Center
- Restaurant
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Digital key
PROPERTY TAXES
Parcel Number | 28-07-25-1-000-010.008 | Improvements Assessment | $1,075,660 |
Land Assessment | $123,820 | Total Assessment | $1,199,480 |
PROPERTY TAXES
Parcel Number
28-07-25-1-000-010.008
Land Assessment
$123,820
Improvements Assessment
$1,075,660
Total Assessment
$1,199,480
zoning
Zoning Code | C-3 (Heavy Commercial) |
C-3 (Heavy Commercial) |
Learn More About Investing in Hospitality Properties
Listing ID: 30132684
Date on Market: 11/20/2023
Last Updated:
Address: 1000 W I-65 Service Rd S, Mobile, AL 36609
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