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OYO Hotel Opp AL, Floral Hwy 702 Highway 331 S

40 Room Hotel Opp, AL 36467 $650,000 ($16,250/Room)

Hotels Alabama Opp 702 Highway 331 S, Opp, AL 36467

Investment Highlights

  • Value add
  • Close to Frank Jackson State Park
  • Close to Downtown
  • Seller Financing

Executive Summary

Great opportunity to own a hotel with value add options.
Owner Financing Available
Total of 50 rooms

Attachments

OYO Hotel-OM

Financial Summary (Actual - 2023)

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income $216,437 $12.59
Net Operating Income - -

Financial Summary (Actual - 2023)

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $216,437
Annual Per SF $12.59
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price $650,000 Building Size 17,196 SF
Price Per Room $16,250 No. Rooms 40
Sale Type Investment No. Stories 2
Property Type Hospitality Year Built 1960
Property Subtype Hotel Parking Ratio 1.57/1,000 SF
Building Class C Corridor Exterior
Lot Size 1.59 AC Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price $650,000
Price Per Room $16,250
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.59 AC
Building Size 17,196 SF
No. Rooms 40
No. Stories 2
Year Built 1960
Parking Ratio 1.57/1,000 SF
Corridor Exterior
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • Pool
  • High Speed Internet Access
  • Public Access Wifi

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 40 $80.00 -

Links

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PROPERTY TAXES

Parcel Number 11-08-33-1-003-002.000 Improvements Assessment $126,460 (2024)
Land Assessment $16,780 (2024) Total Assessment $143,240 (2024)

PROPERTY TAXES

Parcel Number
11-08-33-1-003-002.000
Land Assessment
$16,780 (2024)
Improvements Assessment
$126,460 (2024)
Total Assessment
$143,240 (2024)
(404) 661-2137

Contact

  • Listing ID: 32702315

  • Date on Market: 8/6/2024

  • Last Updated:

  • Address: 702 Highway 331 S, Opp, AL 36467

More public record information on 702 Highway 331 S, Opp, AL 36467

The Hospitality Property at 702 Highway 331 S, Opp, AL 36467 is currently available for sale. Contact TOA Commercial for more information.

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702 Highway 331 S, Opp, AL for sale Other- Image 2 of 3
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OYO Hotel Opp AL, Floral Hwy | 702 Highway 331 S
(404) 661-2137 x

OYO Hotel Opp AL, Floral Hwy | 702 Highway 331 S

Reid Moore

(404) 661-2137

(404) 661-2137

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