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Browse More Listings in Hotel & Motel For Sale, Sheffield, AL or Alabama

Hotel / Motel For Sale

Holiday Inn - Sheffield, Alabama

4900 Hatch Boulevard, Sheffield, AL 35660

Price:
$4,100,000
No. Rooms:
202
Price/Room:
$20,297.03
Property Type:
Hotel & Motel
Property Sub-type:
Full Service
Property Use Type:
Investment
Corridor:
Yes
Find Out More...

Last Verified 11/9/2009 Listing ID 16337723

Highlights

Immediate Call for Offers - Due October 2nd, 2009
202-room full-service hotel in a strategic, centralized location between several major metro areas
Tremendous Upside Opportunity: A new owner could gain greater market share through improved revenue management and operating efficiency

Exceptional Real Estate Value: A new owner can acquire the fee-simple interest in the property at a significant discount to replacement cost
Unencumbered by Management: This presents a new owner with the opportunity to control costs and implement a new operational strategy
All Reasonable Offers Will be Considered!!!

Description

Good Physical Condition: The Hotel is in good condition and features the following full service amenities:
-A three-story interior corridor building
-Nearly 4,000 SF of meeting space
-A full-service restaurant and lounge
-A fitness room, indoor hot tub and outdoor swimming pool

Prime Location: Situated approximately two miles east of downtown Sheffield and just south of the Tennessee River and downtown Florence, the Hotel has excellent accessability and is strategically located near local corporate and leisure demand generators

Map of 4900 Hatch Boulevard, Sheffield, AL 35660 (Colbert County)

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Presented by

HREC Investment Advisors

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Contact Listing Broker

Chris Eckstein (303) 267-0057 Ext: 112

Monty Levy (678) 385-6145

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Created 7/30/2009

Additional Information for 4900 Hatch Boulevard, Sheffield, AL 35660

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 1 Historic Listing
Sales Comparables Available - 1 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Hotel & Motel Property For Sale - Holiday Inn - Sheffield, Alabama

4900 Hatch Boulevard, Sheffield, AL, 35660