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1113 9th Ave SW
Bessemer, AL 35022

Price Upon Request

Hotel For Sale  •  40,299 SF

Property Details

• Property Type Hotel
• Total Building Size 37,100 SF
• Lot Size 2.39 AC
• Building Class C
• Year Built 1973
• Tenancy Single
• Zoning 0-1-A1

0 Transit Score

21 Walk Score

Highlights

113 – fully furnished units

Fully redeveloped asset with all new unit interiors, mechanicals, electric, plumbing, windows, roofs, etc.

15 units with in-unit washer/dryers plus on-site laundry facility.

Expected completion date in Late February – Early March 2025.

Year One high-8% cap, with path towards fully stabilized high-9% cap & double-digit yields

Average Projected Rents of $1,131/unit

Amenities

• Pool

Public Transportation

Airport	Drive	Walk	Distance
Birmingham-Shuttlesworth International	28 min	-	22.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	105
Type:	Surface
Included in Rent:	Yes