112 Rock Bridge Rd - Hospitality FOR SALE


Dothan, AL 36303
$2,400,000 USD
417-758-3165
112 Rock Bridge Rd, Dothan, AL for Sale
$2,400,000 USD
Hospitality - FOR SALE
1/10
null | Request Cap Rate

112 Rock Bridge Rd
Dothan, AL 36303


OVERVIEW

An incredible, versatile investment opportunity in the heart of Dothan’s thriving commercial hub. This 30-room, all-suite Ramada by Wyndham property is a high-performing asset designed for maximum operational flexibility. Every single unit features a fully equipped apartment-style kitchen, making it an ideal turnkey operation for extended-stay hospitality, or a seamless, low-cost conversion into a multifamily apartment community. This asset delivers immediate cash flow with massive upside. ?? Seller Financing Available: To facilitate a smooth transaction, the owner will consider owner-financing for qualified buyers, subject to down payment strength and financial background verification. ?? Key Investment Highlights 100% Full Kitchen Suites: Unlike standard hospitality assets, every room is built like a studio apartment. This eliminates the massive capital expenditures (CapEx) typically required for hotel-to-multifamily conversions. Dual-Track Asset: Hospitality Track: Keep the Wyndham flag and capitalize on consistent business travel, medical professionals, and military contractors visiting the Dothan area. Multifamily Track: Easily de-flag and transition the property into a 30-unit micro-apartment complex catering to the high-demand local workforce. Strong Market Demographics: Dothan is a regional economic powerhouse. The property is ideally positioned to capture demand from Southeast Health, Flowers Hospital, local manufacturing hubs, and personnel tied to nearby Fort Novosel. Flexible Owner Terms: Skip the traditional banking hurdles. Creative seller-financing options are available to ensure a win-win structure for the right buyer. ?? Property Specifications Total Keys: 30 Suites Room Style: Apartment-style layouts with built-in kitchens (stove, refrigerator, microwave, sink) Zoning: Commercial / Hospitality (Highly adaptable for multi-unit residential conversion) Financials: Clean books showing strong historical performance (Available upon signing an NDA) The current owner manages a diverse portfolio of multiple properties, meaning this specific asset has been run under portfolio management rather than receiving localized, daily focus. This creates the ultimate "low-hanging fruit" opportunity for an on-site owner-operator or an ambitious first-time commercial buyer. By providing dedicated, hands-on management and local marketing efforts, a new owner can immediately optimize operations, reduce overhead, and significantly scale the existing business. Whether you choose to leverage the global Wyndham reservation system or transition the property into a stable multifamily apartment complex with zero renovation downtime, this asset is primed for a focused operator to unlock its maximum financial potential.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$120 USD /SF

# OF ROOMS

30

PRICE/ROOM

$80,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ramada by Wyndham Studio Suites Dothan

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

undefined, undefined, undefined

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1994

PARKING SPACES

39

LAND DETAILS

LAND ACRES

1.53 AC

LAND SF

66,673 SF

ZONING

-

APN/PARCEL ID

09-02-10-2-000-016-007,09-02-10-2-000-016-008

ASK ABOUT THIS PROPERTY

Sunny PatelSunny PatelMore Info
417-758-3165

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Sunny PatelSunny PatelMore Info
417-758-3165

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.