3600 McFarland Blvd E - Hospitality FOR SALE
Tuscaloosa, AL 35405 |
3600 McFarland Blvd E
Tuscaloosa, AL 35405
HIGHLIGHTS
- Positioned in a stabilized university market within a tax-friendly state underscored by a consistent customer base and advantageous location.
- The asset was fully renovated at an approximate Cap-X cost of $1,300,000 from Feb ‘21 to Dec ‘22 providing significant improvements.
- With approximately 10 years remaining on the Motel 6 franchise term, the property benefits from an established brand with strong customer recognition.
- No new inventory is currently under development, eliminating any potential supply impact on demand.
- This 38-key property presents an ideal opportunity for an owner-operator, offering manageable operations with low overhead.
- Located directly off of one of the main North/South intersections in town, providing a strategic location just minutes from the University of Alabama.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Motel 6 Tuscaloosa, AL – University
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
11952
STORIES
2
ROOM ENTRANCE
Exterior
BUILDING CLASS
C
YEAR BUILT
1973
PARKING SPACES
41
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
BH
APN/PARCEL ID
30-09-31-2-003-013.000
