2031 Military St S - Hospitality FOR SALE


Hamilton, AL 35570
$2,000,000 USD
786-772-0719
2031 Military St S, Hamilton, AL for Sale
$2,000,000 USD
Hospitality - FOR SALE
1/6
null | Request Cap Rate

2031 Military St S
Hamilton, AL 35570


HIGHLIGHTS

  • Prime Accessibility: Ideally located near Interstate 22, with direct access from Military Street (13,505 VPD), ensuring high visibility.
  • Minimal Renovation Costs: Recently updated to Americas Best Value Inn PIP standards, reducing upfront investment and expediting operational readiness.
  • Stabilization Potential: Opportunity to further stabilize operations, optimize occupancy, and increase revenue.
  • Durable Construction: Built with a sturdy concrete block structure, ensuring long-term durability and lower maintenance costs.
  • Attractive Pricing: Positioned well below replacement cost, offering strong value for investors.
  • Entry-Level Investment Opportunity: The smaller room count makes this an excellent opportunity for new investors looking to enter the market.

OVERVIEW

The Kabani Hotel Group, as the exclusive representative of the seller, is pleased to present the Americas Best Value Inn Hamilton for sale. This 2-story, 77-room exterior corridor hotel is strategically positioned off Military Street, adjacent to Marion County Airport, and near Interstate 22, ensuring strong traffic and accessibility. Recently renovated in 2024 to meet Americas Best Value Inn PIP standards, the property requires minimal to no additional Property Improvement Plan (PIP) expenditures, providing a turnkey investment opportunity. Additionally, there is significant upside potential in management, as a more hands-on approach could enhance operational efficiencies and drive revenue growth.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$75 USD /SF

# OF ROOMS

77

PRICE/ROOM

$25,974 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Americas Best Value Inn Hamilton

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1975

PARKING SPACES

114

LAND DETAILS

LAND ACRES

4.06 AC

LAND SF

176,854 SF

ZONING

C2

APN/PARCEL ID

16-02-10-0-204-014-0000

ASK ABOUT THIS PROPERTY

Lucas MondinoKabani Hotel Group Inc.More Info
786-772-0719

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Lucas MondinoKabani Hotel Group Inc.More Info
786-772-0719

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