516 Springhill Plaza Ct
Mobile, AL 36608
College Park
OVERVIEW
Prime Location: Positioned off Interstate 65 with 87,936 VPD on Moffett Rd, ensuring high traffic and visibility.
· Renovated Asset: Fully renovated in 2023 and 2024 to meet IHG brand standards, minimizing near-term capital expenditures.
· Strong Brand Affiliation: Holiday Inn Express, a globally recognized IHG brand with a loyal customer base.
· Turnkey Investment: Minimal Property Improvement Plan (PIP) requirements provide a seamless acquisition opportunity.
FOR SALE DETAILS
PRICE
$10,000,000 USD
PRICE/SF
$216 USD /SF
# OF ROOMS
82
PRICE/ROOM
$121,951 {currency}
CAP RATE
Request Cap Rate
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Holiday Inn Express Mobile I-65
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
3
ROOM ENTRANCE
Interior
BUILDING CLASS
C
YEAR BUILT
2005
PARKING SPACES
98
LAND DETAILS
LAND ACRES
2.85 AC
LAND SF
124,256 SF
ZONING
C-3
APN/PARCEL ID
28-01-12-4-000-091.002
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