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Hotel-Motel

Country Inn & Suites Saraland

1130 Joaneen Dr, Saraland, AL 36571

Listing Price: $5,500,000

Cap Rate
6.93%
Number of Rooms
60
RevPAR
$69
Gross SF
35,790
Price/Room
$91,667
Price/Gross SF
$153.67
Year Built
2008

Investment Overview

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

  • Property is Located Just off I-65
  • Located in the Mobile MSA, the Third Largest MSA in Alabama
  • High Occupancy Hotel
  • Positive Trending RevPAR Growth
  • 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 Vice President 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

Country Inn & Suites Saraland

Listing Price: $5,500,000

Cap Rate
6.93%
Number of Rooms
60
RevPAR
$69
Gross SF
35,790
Price/Room
$91,667
Price/Gross SF
$153.67
Year Built
2008

Investment Highlights

  • Property is Located Just off I-65
  • Located in the Mobile MSA, the Third Largest MSA in Alabama
  • High Occupancy Hotel
  • Positive Trending RevPAR Growth
  • Proximate to Port of Mobile, University of Mobile, Allied Steel Corporation, Vertex Energy Mobile Refinery, Austal USA, Downtown Mobile and More

Investment Overview

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 Vice President 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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