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Hotel-Motel

Best Western Plus Mobile AL

600 West Interstate 65 Service Rd S, Mobile, AL 36608

Listing Price: $9,700,000

Cap Rate
10.26%
RevPAR
$79
Year Built
1985

Investment Overview

Marcus & Millichap, as an exclusive representative of the seller, is pleased to present for sale Best Western Plus in Mobile, Alabama. The subject property is a 4-story, 82-room, Interior corridor hotel, with a lot size of 3.03 acres, located directly off Interstate 65, and just a short drive away from Downtown Mobile.

The property was completely overhauled with new HVAC, Electrical, and Plumbing. The property was renovated to the latest Best Western Plus standards and will be delivered with no pip requirement.

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.

Investment Highlights

  • Centrally located with direct access to interstate 65, short distance from Interstate 10
  • Just a 15-min drive from Downtown Mobile
  • Completely renovated, New HVAC, Electrical, and plumbing, all new finishings at Best Western Plus standard.
  • Recently converted insuring long-term commitment from Best Western Plus

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Financing By

Hotel-Motel

Best Western Plus Mobile AL

Listing Price: $9,700,000

Cap Rate
10.26%
RevPAR
$79
Year Built
1985

Investment Highlights

  • Centrally located with direct access to interstate 65, short distance from Interstate 10
  • Just a 15-min drive from Downtown Mobile
  • Completely renovated, New HVAC, Electrical, and plumbing, all new finishings at Best Western Plus standard.
  • Recently converted insuring long-term commitment from Best Western Plus

Investment Overview

Marcus & Millichap, as an exclusive representative of the seller, is pleased to present for sale Best Western Plus in Mobile, Alabama. The subject property is a 4-story, 82-room, Interior corridor hotel, with a lot size of 3.03 acres, located directly off Interstate 65, and just a short drive away from Downtown Mobile. The property was completely overhauled with new HVAC, Electrical, and Plumbing. The property was renovated to the latest Best Western Plus standards and will be delivered with no pip requirement. 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

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

Financing By

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