98-Room Rodeway Inn Hotel / Motel Property for Sale - Mobile, Alabama

PRICE: $1,700,000 SELLER WILL ENTERTAIN ANY REASONABLE OFFER For sale, well located, revenue producing motel in Mobile, Alabama. Recent updates to the property in the last year include, new roof and downspouts, exterior paint and wood repair, railings, pool pump, parking lot paced and striped, new 90’ sign, new building sign, new exterior building lighting, new door locks to all guest rooms, two new front desk computers and two new back-office computers, new time clock, new phone system, new lobby lighting, all new guest room bathroom tiles, all new guest room vanities, all new guest room 32” televisions, 60 new air conditioners, and a new laundry washer. The sale also includes the lot located in front of the motel, ideal for a restaurant or other retail.

Key Points: SELLER WILL ENTERTAIN ANY REASONABLE OFFER Price: $1,700,000 MOTIVATED SELLER 3 Year Average Gross Room Revenue: $850,000 Ideal Interstate-10 Visibility & Location Excellent Condition – Exterior Corridor Laundry facilities Free self-parking Elevator/lift Outdoor pool RV, bus, truck parking

Built: 1985

Units: 98

The Property is For Sale

Asking Price: $1,700,000

Building Size: 29,874 SQ FT

Lot Size: 61855

Cost per Square Foot: $56.91