LA QUINTA INN & SUITES MOBILE SATSUMA-SARALAND

6104 US HWY 43 N

MOBILE, AL 36572


Availability: Closed

Price: Unpriced

Address:
6104 Us Hwy 43 N

Mobile, AL 36572

Number of Rooms: 79

Year Built: 2009

INVESTMENT OVERVIEW

Hunter | Havericak | Altman Hotel Group, in conjunction with RealINSIGHT Marketplace, has been exclusively retained to offer for sale the fee simple interest in the 79-room La Quinta Inn & Suites located in Satsuma, Alabama, a suburb of Mobile. The hotel is a 3-story property built-in 2009, located at the southwestern quarter between Interstate 65 and US Highway 43, providing ease of access for commerce and tourism. La Quinta Inn & Suites Mobile Satsuma-Saraland provides the opportunity for a new owner to acquire a Wyndham hotel with potential to realize significant RevPAR growth through hands-on management and utilization of the Wyndham name, reservation system, and loyal base of guests.

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INVESTMENT HIGHLIGHTS

  • Property is Located Between Interstate 65 and US Highway 43
  • Property had Increasing Revenue, Pre-COVID-19
  • Strategically Located Close to Multiple Factories, Including: Boasso Global, SSAB Alabama Inc., AMVAC Chemical Corporation, Olin Corporation, Honeywell PMT, and Allied Steel Corporation
  • 2021 Trailing-12 ADR and RevPAR have Surpassed 2019 for Both the Subject Property and Competitive Set
  • Auction Sale

EXCLUSIVELY LISTED BY

DAVID J. ALTMAN

David.Altman@MarcusMillichap.com

(954) 245-3426

ROBERT S. HUNTER

Robert.Hunter@MarcusMillichap.com

(954) 245-3473

R. MCLEAN HICKLIN III

Mclean.Hicklin@MarcusMillichap.com

(864) 923-6223

BROKER OF RECORD

Eddie Greenhalgh

Broker of Record
15 Richard Arrington Jr Blvd N, Ste. 300
Birmingham, AL 35203
P: (205) 510-9200
Lic #: 000088298-0