This Hotel & Motel Property is Off-Market.

3800 Governors Drive
Huntsville, AL 35805 ·

44 Rooms · Hotel & Motel For Sale

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Price N/A Property Use Type Investment
No. Rooms 44 Commission Split 2%
Building Size 29,750 SF Cap Rate 11.18%
Property Type Hotel & Motel APN / Parcel ID Various
Property Sub-type Economy/Limited Service
Listing ID: 18311732 Date Created: 08/15/2013 Last Updated: 02/06/2014

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).

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

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