Hotel-Motel
La Quinta Mobile
3650 Airport Blvd, Mobile, AL 36608
Listing Price: $8,500,000
Investment Overview
Marcus & Millichap, as an exclusive representative of the seller, is pleased to present for sale the La Quinta by Wyndham in Mobile, Alabama. The subject property is a 6-story, 82-room, Interior corridor hotel, with a lot size of 1.4 acres, located directly off Interstate 65, and just a short drive
away from Downtown Mobile. The property also has great online reviews on OTA’s like Bookings.com, TripAdvisor, Expedia, etc.
Property features an indoor pool, free Wi-Fi, free breakfast, fitness center, free parking, free coffee/tea, Laundry services, Truck parking, BBQ Grills, and wake up calls.
The area surrounding the property hosts a variety of demand generators including Downtown Mobile, Cooper Riverside Park, Springhill Medical Center, Spring Hill College, Mobile Regional Airport, University of South Alabama, USA Health University Hospital, Austal USA INC, and many more.
La Quinta Mobile
Investment Highlights
- Recently Built 6-story La Quinta with long-term licensing
- Centrally located with direct access to interstate 65, short distance from Interstate 10
- Operationally, the property produced over $2,000,000 in gross revenue for 2021 & 2022.
- Property is outperforming the compset in Occupancy, ADR, and RevPAR
- Just a 15-min drive from Downtown Mobile
Broker of Record
Financing By
Listing Price: $8,500,000
Investment Highlights
- Recently Built 6-story La Quinta with long-term licensing
- Centrally located with direct access to interstate 65, short distance from Interstate 10
- Operationally, the property produced over $2,000,000 in gross revenue for 2021 & 2022.
- Property is outperforming the compset in Occupancy, ADR, and RevPAR
- Just a 15-min drive from Downtown Mobile
Investment Overview
Marcus & Millichap, as an exclusive representative of the seller, is pleased to present for sale the La Quinta by Wyndham in Mobile, Alabama. The subject property is a 6-story, 82-room, Interior corridor hotel, with a lot size of 1.4 acres, located directly off Interstate 65, and just a short drive away from Downtown Mobile. The property also has great online reviews on OTA’s like Bookings.com, TripAdvisor, Expedia, etc. Property features an indoor pool, free Wi-Fi, free breakfast, fitness center, free parking, free coffee/tea, Laundry services, Truck parking, BBQ Grills, and wake up calls. The area surrounding the property hosts a variety of demand generators including Downtown Mobile, Cooper Riverside Park, Springhill Medical Center, Spring Hill College, Mobile Regional Airport, University of South Alabama, USA Health University Hospital, Austal USA INC, and many more.
Broker of Record
-
Eddie Greenhalgh
Senior Vice President Investments
Financing By
