Red Roof Inn Evergreen | 1571 Ted Bates Rd
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Red Roof Inn Evergreen 1571 Ted Bates Rd
60 Room Hotel Evergreen, AL 36401 $2,488,727 CAD ($41,479 CAD/Room)
Investment Highlights
- 60 Rooms + 1 Manager’s Suite With Full Kitchen
- Motivated Seller - Absentee Owner
- Located Directly Off Of Interstate-65, Providing Ease Of Access And Displaying Excellent Signage To Commuters
- Seller Financing Available
- Excellent Owner-Operator Opportunity
Executive Summary
Cushman & Wakefield’s Hotel Group has been retained to offer for sale the fee simple interest in the 60-room Red Roof Inn located in Evergreen, Alabama. The property is a two-story, limited-service hotel that is conveniently located within close proximity Interstate-65 & US Highway 83 - two major thoroughfares that provide ease of access to commuters. The property also presents the opportunity to take control of a reputable brand and scale up operations to competitive set standards through focused, hands-on management and marketing. The Red Roof Inn Evergreen offers investors the opportunity to acquire a value-add property in a growing market.
Property Facts
| Price | $2,488,727 CAD | Building Size | 22,002 SF |
| Price Per Room | $41,479 CAD | No. Rooms | 60 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1979/2009 |
| Property Subtype | Hotel | Parking Ratio | 3.18/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 2.06 AC |
| Price | $2,488,727 CAD |
| Price Per Room | $41,479 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.06 AC |
| Building Size | 22,002 SF |
| No. Rooms | 60 |
| No. Stories | 2 |
| Year Built/Renovated | 1979/2009 |
| Parking Ratio | 3.18/1,000 SF |
| Corridor | Exterior |
Amenities
- High Speed Internet Access
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 60 | $108.08 CAD | - |
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PROPERTY TAXES
| Parcel Number | 14-08-28-3-000-008.001 | Improvements Assessment | $449,279 CAD |
| Land Assessment | $51,026 CAD | Total Assessment | $500,305 CAD |
PROPERTY TAXES
Parcel Number
14-08-28-3-000-008.001
Land Assessment
$51,026 CAD
Improvements Assessment
$449,279 CAD
Total Assessment
$500,305 CAD
zoning
| Zoning Code | Commercial - Hotels/Motel |
| Commercial - Hotels/Motel |
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Red Roof Inn Evergreen | 1571 Ted Bates Rd
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