5601 Carmichael Rd - Hospitality FOR SALE


Montgomery, AL 36117- Outer East
$2,900,000 USD
404-398-2090
5601 Carmichael Rd, Montgomery, AL for Sale
$2,900,000 USD
Hospitality - FOR SALE
1/14
null | Request Cap Rate

5601 Carmichael Rd
Montgomery, AL 36117
Outer East


HIGHLIGHTS

  • Two Managers' Apartment, one with Full Size Kitchen Bedroom, Dining, and Living Room
  • Kitchenette Rooms Available. Newly Renovated Rooms.
  • Located right off the Interstate I-85. Just 7 miles from Downtown Montgomery.
  • Close proximity to all demand generators. Bank Financing Available.
  • Great Property for Multifamily Apartment Conversion Opportunity
  • Quick Zoning Approval Change can be anticipated from the City

OVERVIEW

Rooms: 120 Interior Corridor Lot Size: 2.4 acres 3 Stories Two Managers' Apartment, one with Full Size Kitchen Bedroom, Dining, and Living Room Kitchenette Rooms Available Newly Renovated Rooms Located right off the Interstate I-85 Just 7 miles from Downtown Montgomery Close proximity to all demand generators Bank Financing Available Great Property for Multifamily Apartment Conversion Opportunity Quick Zoning Approval Change can be anticipated from the City Sunrise Extended Stay Hotel is located right off Interstate I-85 in the city center and near the airport. The hotel is just 7 miles from Downtown Montgomery and 6 miles from Alabama State University. The hotel is perfectly situated for exploring Montgomery City Center, just within 2 miles of the hotel are Wynton Blount Cultural Park, Carolyn Blount Theatre, and Alabama Shakespeare Festival. Educational venues in the area include the private Christian Faulkner University (2.1 miles) and Auburn University at Montgomery (2 miles). There is Montgomery Museum of Fine Arts 0.7 miles away from this hotel. Conveniently situated in the Young Place part of Montgomery, Alabama, this property is close to attractions and interesting dining options such as Montgomery Museum of Fine Arts (1.2 miles) and Alabama Shakespeare Festival (1.5 miles) are cultural highlights, and some of the area's activities can be experienced at Capitol Hill Golf Course and RTJ Golf Trail (17 miles) at Capitol Hill. Civil Rights Memorial is 6.3 miles from the hotel, while Dexter Avenue Baptist Church is 6.4 miles from the property. The nearest airport is Montgomery Regional Airport, 14.4 miles from the hotel. Location Highlights: Sunrise Extended Stay Hotel, an exceptional investment prospect strategically situated at 5601 Carmichael Rd in the thriving city of Montgomery, Alabama. Impeccably positioned, this establishment offers an array of distinguished location highlights that underscore its credentials as a compelling investment venture in the competitive hospitality landscape. The Sunrise Extended Stay Hotel benefits from a prominent presence on Carmichael Rd, a pivotal artery that ensures unparalleled accessibility. Its strategic location is in close proximity to major thoroughfares, including routes connecting to Montgomery Regional Airport, downtown Montgomery, and pivotal business corridors. The hotel's proximity to prominent business hubs and corporate centers facilitates an enduring demand for extended stay accommodations from the business travellers. 1. Strategic Location – Situated in Montgomery, the capital city of Alabama, with convenient access to I-85, providing strong connectivity to Birmingham, Atlanta, and Mobile. 2. Government & Military Demand – Just 6 miles from Maxwell-Gunter Air Force Base, 4 miles from State Government Offices, and 7 miles from Downtown Montgomery, ensuring steady year-round corporate and government travel demand. 3. Educational & Healthcare Proximity – Within 3 miles of Alabama State University, 4 miles from Troy University Montgomery Campus, 6 miles to Baptist Medical Center, and 5 miles to Jackson Hospital, supporting extended stay demand from students, visiting faculty, medical professionals, and families. 4. Corporate & Industrial Drivers – Hyundai Motor Manufacturing Alabama is 12 miles from the property, with multiple auto suppliers and industrial facilities within a 10–15 mile radius, contributing to consistent corporate lodging needs. 5. Tourism & Cultural Attractions – Located 6 miles from the Rosa Parks Museum, 7 miles from the Alabama State Capitol, 8 miles from the Montgomery Zoo, and 9 miles from Riverfront Park, drawing both leisure and group travel. 6. Strong Regional Economy – Montgomery benefits from a diverse economic base including automotive, aerospace, military, education, and healthcare industries, driving sustained hotel performance. 7. Growing Transportation Hub – Montgomery Regional Airport (MGM) is only 14 miles away, providing convenient access for both business and leisure travelers. Please Do Not Call The Hotel or Hotel Employees about the Sale of the Hotel. Absentee Owner.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$65 USD /SF

# OF ROOMS

98

PRICE/ROOM

$29,592 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hotel/Multifamily-Sunrise Extended Stay Hotel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1988

PARKING SPACES

137

LAND DETAILS

LAND ACRES

2.4 AC

LAND SF

104,544 SF

ZONING

B-3

APN/PARCEL ID

10-06-13-4-003-001.010

ASK ABOUT THIS PROPERTY

Raiyan RabNumarix Real Estate ServicesMore Info
404-398-2090

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Raiyan RabNumarix Real Estate ServicesMore Info
404-398-2090

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