For Sale
$2,490,000

2031 Military StHamilton, AL 35570

77-Room Hotel, Alabama - $2.49M

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 77-key hotel, located at 2031 Military St S in Hamilton, Alabama, presents a compelling investment opportunity. The property, situated on a generous 4.06-acre lot, encompasses 26,800 square feet. Originally constructed in 1975 and significantly renovated in 2017, the hotel boasts a modern and inviting atmosphere. Priced at $2,490,000, this translates to a competitive price per square foot of $93.28 and $32,468 per key. The property's strong location benefits from attractive demographics within a 1, 3, and 5-mile radius, including projected population growth and robust income levels. This makes it an ideal investment for those seeking a proven, established hospitality business in a growing market. The property is fully renovated and ready for immediate operation, representing a turnkey solution for investors. The substantial lot size offers potential for future expansion or development. This is a rare opportunity to acquire a well-maintained, profitable hotel in a desirable location. Detailed financial information is available upon request. Don't miss this chance to secure a significant return on investment in the thriving Hamilton market.

Highlights

  • 77-key hotel in Hamilton, AL, on a 4.06-acre lot.
  • 26,800 square feet, built in 1975, renovated in 2017.
  • $2,490,000 asking price; $93.28/SF; $32,468 per key.
  • Strong demographics and projected growth within a 5-mile radius.
  • Turnkey operation with potential for future expansion.

Property Details for 2031 Military St

Property type
Land, Hospitality properties
Lot Size (sq. ft)
176,854 SF

Location Insight

City
Hamilton
County
Marion
State
Alabama
Latitude
34.114717
Longitude
-87.9887495
2031 Military St, Hamilton, Alabama

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2031 Military St
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