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5488 Inn Rd
Mobile, AL 36619

$1,250,000

Motel For Sale  •  29,874 Sq Ft

Property Details

  • Property Type Motel
  • Total Building Size 29,874 Sq Ft
  • Lot Size 1.42 ac
  • Building Class C
  • Year Built 1985
  • Tenancy Single
  • Zoning B-3: Community Business
0 Transit Score
41 Walk Score

Description

This is a well-located, revenue-producing motel in Mobile, Alabama. Recent updates to the property in the last year include: new roof and downspouts, exterior paint and wood repair, railings, pool pump, parking lot paced and striped, new 90-ft sign, new building sign, new exterior building lighting, new door locks to all guest rooms, two new front desk computers and two new back-office computers, new time clock, new phone system, new lobby lighting, all new guest room bathroom tiles, all new guest room vanities, all new guest room 32-in. televisions, 60 new air conditioners and a new laundry washer.

This property is situated by a high-traffic corridor off of I-10 (53,110 VPD). Mobile, one of Alabama's largest and most vibrant markets, has a strong travel and tourism economy that supports many local and national retailers. The motel provides easy access to Hank Aaron Stadium, Bellingrath Gardens and Home, Dauphin Island, Battleship USS Alabama and the Magnolia Grove Golf Course. This 98-room, revenue-producing, exterior corridor motel is in excellent condition with an ideal location with excellent visibility.

Hilco Real Estate, LLC in cooperation with Ron Young, Inc., AL Real Estate Broker, Lic. #000080484-2.

Highlights

OFFERS AT OR ABOVE MINIMUM BID OF $1,250,000 WILL BE ACCEPTED
Ideal location - visible off of Interstate 10
3-year average gross room revenue: $850,000
Property in good condition, in strong retail corridor

Property Flyers

Major Tenants

Tenant SF Occupied Lease End Date
Motel 6

Amenities

  • Air Conditioning
  • Laundry Facilities

Public Transportation

AirportDriveWalkDistance
Mobile Regional Airport 28 min - 12.8 mi

Parking Details

Parking Available: No
Reserved: No
Type: Covered
Included in Rent: Yes
Jeff Azuse 855-755-2300 Hilco Real Estate
Jeff Azuse 855-755-2300 Hilco Real Estate