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Days Inn by Wyndham Foley 1504 S McKenzie St

42 Room Hotel Foley, AL 36535 £2,976,540 (£70,870/Room)

Investment Highlights

  • Strategic Location: Conveniently positioned on McKenzie Street, a primary route leading to Gulf Shores
  • Ideal for Entry-Level Hoteliers: A perfect opportunity for aspiring hotel owners to enter the market with a manageable and well-positioned property
  • Thriving Tourism Market: Gulf Shores is a high-traffic destination attracting 8 million visitors annually
  • Modern and Turnkey: Fully renovated with the Dawn Package, the property requires minimal Property Improvement Plan (PIP) investment
  • Significant Growth Potential: With renovations complete, the property is primed to optimize operations, enhancing occupancy rates, ADR, and RevPAR.
  • Seller Financing Available.

Attachments

OM (compressed) - Days Inn Foley Alabama

Property Facts

Price £2,976,540 No. Rooms 42
Price Per Room £70,870 Number of Floors 2
Sale Type Investment Year Built/Renovated 1994/2023
Property Type Hospitality Tenancy Single
Property Subtype Hotel Parking Ratio 3.15/1,000 SF
Building Class C Corridor Exterior
Lot Size 2.28 AC Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Size 26,980 SF
Price £2,976,540
Price Per Room £70,870
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.28 AC
Building Size 26,980 SF
No. Rooms 42
Number of Floors 2
Year Built/Renovated 1994/2023
Tenancy Single
Parking Ratio 3.15/1,000 SF
Corridor Exterior
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • Business Centre
  • Fitness Centre
  • Pool
  • Room Service
  • High Speed Internet Access
  • Patio
  • Public Access Wi-Fi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 2 £101.05 -
Guest Room 40 £81.46 -
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PROPERTY TAXES

Parcel Numbers
Multiple
  • 54-09-32-4-000-003.000
  • 61-03-08-1-001-001.014
 Improvements Assessment £1,264,951
Land Assessment £0 Total Assessment £1,264,951

PROPERTY TAXES

Parcel Numbers
Multiple
  • 54-09-32-4-000-003.000
  • 61-03-08-1-001-001.014
Land Assessment
£0
Improvements Assessment
£1,264,951
Total Assessment
£1,264,951

zoning

Zoning Code Commercial
Commercial
(786) 772-0719

Contacts

  • Lucas Mondino
    Lucas Mondino
  • Ahmed Kabani
    Ahmed Kabani
  • Brian Brockman
    Brian Brockman

  • Listing ID: 34163005

  • Date on Market: 11/12/2024

  • Last Updated:

  • Address: 1504 S McKenzie St, Foley, AL 36535

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Exterior
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Pool

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© 2024 CoStar Group

Days Inn by Wyndham Foley | 1504 S McKenzie St
(786) 772-0719 x

Days Inn by Wyndham Foley | 1504 S McKenzie St

1/3

Lucas Mondino

(786) 772-0719

(786) 772-0719

Ahmed Kabani

(305) 807-8080

(305) 807-8080

Brian Brockman

(513) 300-0763

(513) 300-0763

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