Hotel-Motel
Best Western
5225 Carmichael Rd, Montgomery, AL 36106
Listing Price: $6,150,000
Investment Overview
Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 97 room Best Western located in Montgomery, Alabama. The Best Western is a 1985-build, 3-story property located near Interstate 85, with an extensive renovation recently completed in 2019. Best Western Montgomery I-85 North provides the opportunity for a new owner to acquire a 97 room hotel that has recently undergone an extensive renovation and a proven track record of efficiency.
Exclusively Listed By
Listing Price: $6,150,000
Investment Highlights
- Extensive renovation recently completed
- The property is vastly outperforming the competitive set in RevPAR
- Likelihood of SBA 7A financing, the most reliable market debt currently available
Investment Overview
Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 97 room Best Western located in Montgomery, Alabama. The Best Western is a 1985-build, 3-story property located near Interstate 85, with an extensive renovation recently completed in 2019. Best Western Montgomery I-85 North provides the opportunity for a new owner to acquire a 97 room hotel that has recently undergone an extensive renovation and a proven track record of efficiency.
Exclusively Listed By
