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Red Roof Inn & Suites Mobile SW I-10 5635 Tillmans Corner Pky

45 Room Hotel Theodore, AL 36619 $3,500,000 ($77,778/Room)

Executive Summary

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.

Attachments

Brochure

Property Facts

Price $3,500,000
Price Per Room $77,778
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.92 AC
Building Size 22,399 SF
No. Rooms 45
No. Stories 3
Year Built/Renovated 1997/2001
Tenancy Single
Parking Ratio 2.19/1,000 SF
Corridor Interior

Amenities

  • Pool
  • High Speed Internet Access
  • Public Access Wifi

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 7 $107.00 -
Guest Room 38 $80.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
33-08-27-2-000-023.01
Land Assessment
$72,260
Improvements Assessment
$360,680
Total Assessment
$432,940

zoning

Zoning Code B3 (COM/B3)
B3 (COM/B3)
  • Listing ID: 32420188

  • Date on Market: 7/11/2024

  • Last Updated:

  • Address: 5635 Tillmans Corner Pky, Theodore, AL 36619

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