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4815 University Dr NW
Huntsville, AL 35816

$9,700,000 USD

Hotel For Sale • 79,796 SF

Property Details

Property Type Hotel
Total Building Size 79,796 SF
Lot Size 2.46 AC
Building Class B
Year Built 1986
Cap Rate 7.53 %
Zoning C-4

21 Transit Score

52 Walk Score

                
                    Highlights
                
                                MULTIPLE DEMAND DRIVERS – Hotel is located on University Drive close to major attractions such as the U.S Space & Rocket Center, Redstone Arsenal.
                            
                                PROVEN REVENUE – Hotel has averaged $2.96 million in revenue over the past three years
                            
                                AMENITIES – The hotel offers interior and exterior corridor rooms and includes a complimentary breakfast, fitness center, business center.
                            
                                GROWING MARKET – Huntsville has experienced a 20% population growth from 2010-2020 and its GDP has increased ±4.5% annually in recent years.
                            
                                POTENTIAL FOR REVENUE GROWTH – Current owner operates at 70% of the comp set RGI RevPAR.

Property Flyers

Offering Memorandum

Cap Rate:

7.53 %

Amenities

Business Center
Fitness Center
Pool
On-Site Retail
High Speed Internet Access
Meeting Event Space
Public Access Wifi
Smoke-Free

Public Transportation

Airport	Drive	Walk	Distance
Huntsville International-Carl T Jones Field	19 min	-	12.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	115
Type:	Surface
Included in Rent:	Yes

Mitchell Glasson 949-432-4502 Matthews Real Estate Investment Services

4815 University Dr NW Huntsville, AL 35816