For Sale
$1,750,000

1571 Bates RdEvergreen, AL 36401

60-Room Hotel, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents the fee simple interest in the 60-room Red Roof Inn located in Evergreen, Alabama. This two-story, limited-service hotel boasts 20,360 square feet on a 2.06-acre lot (APN: 14-08-28-3-000-008.001) and was built in 1979. The property features 60 guest rooms plus a manager's suite complete with a full kitchen, presenting an excellent owner-operator opportunity. Its strategic location directly off Interstate-65 and US Highway 83 ensures high visibility and convenient access for commuters, with an average annual daily traffic count of approximately 26,300 vehicles on the nearby section of I-65. The hotel's proximity to major cities—approximately 76 miles from Montgomery, Alabama

Highlights

  • 60 guest rooms plus a manager's suite with full kitchen.
  • Ideal for first-time hotel investors.
  • Excellent owner-operator opportunity with on-site manager's suite.
  • Seller financing available: 3-year term, $300,000+ down payment.
  • Prime I-65 location offering high visibility and convenient access.
  • 76 miles from Montgomery, AL.

Property Details for 1571 Bates Rd

Property type
Hospitality properties, Motels
Square Feet
20,360 SF
Year Built
1979
Stories
2
Lot Size (sq. ft)
89,734 SF

Location Insight

City
Evergreen
County
Conecuh
State
Alabama
Latitude
31.4570553
Longitude
-86.9682357
1571 Bates Rd, Evergreen, Alabama

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1571 Bates Rd
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