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 Opportunity
Whether you are a seasoned hotelier looking for a high-yield property with built-in extended-stay demand, or a multifamily developer seeking a conversion project with zero renovation downtime, this property is a rare find in the current market.
Serious inquiries only. Proof of funds and professional bio required prior to receiving the complete financial packet and Offering Memorandum (OM).
