Red Roof Inn Jasper 1100 Highway 78 E 59 Room Hotel Jasper, AL 35501 $2,800,000 ($47,458/Room)

PROPERTY OVERVIEW

Avison Young, as the exclusive broker, is pleased to present the opportunity to acquire the fee-simple interest in the Red Roof Inn (hereinafter “Property” or “Hotel”), a 59-room, two-story, exterior corridor economy hotel located in Jasper, Alabama — approximately 40 miles northwest of Birmingham. Recently converted from a Quality Inn, the Hotel underwent a comprehensive Property Improvement Plan (PIP) in 2023, resulting in modernized guestrooms, upgraded amenities, and refreshed exterior appeal. The asset presents a compelling opportunity for investors seeking dependable in-place cash flow supported by strong market fundamentals and a recognized national brand.

The Hotel is positioned near key travel corridors, including Highway 78 and Interstate 22, offering excellent accessibility to regional traffic. Located just three miles from Walker Baptist Medical Center, a 267-bed acute care facility, the Hotel captures consistent medical-related transient demand. Nearby Lewis Smith Lake, a 21,000-acre recreational destination, and the revitalized Walker County Public Fishing Lake, which includes a forthcoming multi-purpose events facility, serve as key leisure drivers that generate year-round room nights.

With its efficient exterior corridor layout and recently completed renovations, the Property is well-suited for streamlined operations and cost-effective management. Amenities include free parking, Wi-Fi, on-site laundry, and 24-hour front desk service—positioning the Hotel to serve both overnight travelers and longer-term guests. This offering is particularly attractive to an owner-operator seeking to further optimize margins, improve guest satisfaction, and grow NOI through hands-on oversight and local market engagement.

Please do not visit the property or contact hotel staff directly under any circumstances. All tours and inquiries must be coordinated through the exclusive listing broker. Unauthorized contact is a direct violation of the Confidentiality Agreement and may result in disqualification from the acquisition process.
Property tours are available by appointment only. Contact Mihir Chokshi for appointment.