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Hotel-Motel

Auction - Country Inn & Suites Saraland | 60 Rooms | Mobile, AL MSA

1130 Joaneen Dr, Saraland, AL 36571

Starting Bid: $1,350,000

Number of Rooms
60
RevPAR
$71
Gross SF
35,790
Price/Room
$22,500
Price/Gross SF
$37.72
Year Built
2008
Auction Type
Reserve
Auction Start Date
Sep 23, 2024
Auction End Date
Sep 25, 2024

Investment Overview

Register to Bid and Access Due Diligence Documents on Ten-X - https://www.ten-x.com/listing/1130-joaneen-dr-saraland-al-36571/32452885/

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 60-room Country Inn & Suites located in Saraland, Alabama, a suburb of Mobile. The hotel is a three-story property built in 2008 and located directly off Interstate 65. Country Inn & Suites Saraland provides the opportunity for a new owner to acquire a limited-service hotel with potential to realize significant RevPAR growth through hands-on revenue management and utilization of the Choice name, reservation system, and loyal base of guests.

Investment Highlights

  • STARTING BID $1,350,000 | 60 Rooms | Mobile, AL MSA | AUCTION SEPTEMBER 23-25, 2024
  • Located in the Mobile MSA, the Third Largest MSA in Alabama
  • High Occupancy Hotel
  • Consistent RevPAR
  • Proximate to Port of Mobile, University of Mobile, Allied Steel Corporation, Vertex Energy Mobile Refinery, Austal USA, Downtown Mobile and More

Exclusively Listed By

  • McLean Hicklin

    First Vice President Investments

    (864) 626-3163

    Email McLean

    License(s): SC: 96287, NC: LC 740, AL: 000149965-0

    Columbia

  • Robert S. Hunter

    Senior Managing Director Investments

    (954) 245-3473

    Email Robert

    License(s): FL: SL3241692, AL: 00091540, NC: LC738

    Fort Lauderdale

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Financing By

Hotel-Motel

Auction - Country Inn & Suites Saraland | 60 Rooms | Mobile, AL MSA

Starting Bid: $1,350,000

Number of Rooms
60
RevPAR
$71
Gross SF
35,790
Price/Room
$22,500
Price/Gross SF
$37.72
Year Built
2008
Auction Type
Reserve
Auction Start Date
Sep 23, 2024
Auction End Date
Sep 25, 2024

Investment Highlights

  • STARTING BID $1,350,000 | 60 Rooms | Mobile, AL MSA | AUCTION SEPTEMBER 23-25, 2024
  • Located in the Mobile MSA, the Third Largest MSA in Alabama
  • High Occupancy Hotel
  • Consistent RevPAR
  • Proximate to Port of Mobile, University of Mobile, Allied Steel Corporation, Vertex Energy Mobile Refinery, Austal USA, Downtown Mobile and More

Investment Overview

Register to Bid and Access Due Diligence Documents on Ten-X - https://www.ten-x.com/listing/1130-joaneen-dr-saraland-al-36571/32452885/ Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 60-room Country Inn & Suites located in Saraland, Alabama, a suburb of Mobile. The hotel is a three-story property built in 2008 and located directly off Interstate 65. Country Inn & Suites Saraland provides the opportunity for a new owner to acquire a limited-service hotel with potential to realize significant RevPAR growth through hands-on revenue management and utilization of the Choice name, reservation system, and loyal base of guests.

Exclusively Listed By

  • McLean Hicklin

    First Vice President Investments

    (864) 626-3163

    Email McLean

    License(s): SC: 96287, NC: LC 740, AL: 000149965-0

    Columbia

  • Robert S. Hunter

    Senior Managing Director Investments

    (954) 245-3473

    Email Robert

    License(s): FL: SL3241692, AL: 00091540, NC: LC738

    Fort Lauderdale

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

Financing By

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