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1417 Veterans Memorial Pky
Tuscaloosa, AL 35404

$5,049,413 USD

Hotel For Sale  •  23,968 SF

Property Details

  • Property Type Hotel
  • Total Building Size 23,968 SF
  • Lot Size 1 AC
  • Building Class C
  • Year Built 2008
  • Tenancy Single
  • Zoning BH
0 Transit Score
45 Walk Score

Highlights

Offering includes established interior hotel & operations of a 59-key Microtel Inn & Suites located in Tuscaloosa, AL.
Fee - simple real estate and building is unencumbered of debt or management contracts.
Minutes from high traffic retail and demand drivers such as the University of Alabama, DCH Regional Medical Center, and Mercedes Benz Amphitheatre.
The property benefits from significant daily traffic counts equating to ~108,247 vehicles per day (VPH).
Asset is currently undergoing significant interior/exterior renovations which will be delivered with work completed.
Property is indexing at 88% of competitive set's ADR and RevPar presenting a value-add opportunity to enhance property performance.

Amenities

  • Business Center
  • Fitness Center
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

Public Transportation

Commuter RailDriveWalkDistance
Tuscaloosa Amtrak Station (Crescent - Amtrak) 6 min - 3.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 65
Type: Surface
Included in Rent: Yes
Katherine Dockery 334-313-6014 Connolly Investments
Katherine Dockery 334-313-6014 Connolly Investments