Historical Hotel & Motel Sale Listing - Brooks Efficiencies

Hotel & Motel For Sale

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Brooks Efficiencies

3800 Governors Drive, Huntsville, AL 35805

N/A

44 Rooms | Hotel & Motel

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Hotel / Motel - Off Market

Price:
N/A
No. Rooms:
44
Building Size:
29,750 SF
Property Type:
Hotel & Motel
Property Sub-type:
Economy/Limited Service
Property Use Type:
Investment
Commission Split:
2%
Cap Rate:
11.18%
APN / Parcel ID:
Various
Listing ID
18311732
Last Updated
267 days ago

Description

Rare opportunity with GREAT CASH FLOWS and endless rehabilitation possibilities for significant upside potential. This former exterior corridor motel has been converted and operated as an independent weekly efficiency apartment property. The property has 44 units housed in 6 buildings and is an assembelage of 6 APN's.

Centerally located within the City of Huntsville with Interstate 585 visability, 2.5 miles from Red Stone Arsenel. The site also provides close proximety to Huntsville CBD (1.5 miles), Univeresity of Alabama- Huntsville (1.5 miles), and the U.S. Space and Rocket Center (2 miles). Cummings Research Park (2.25 miles), and the port of Huntsville (9.5 miles).

Map of 3800 Governors Drive, Huntsville, AL 35805 (Madison County)

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