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Executive Summary

An incredible, versatile investment opportunity in the heart of Dothan’s thriving commercial hub. This 30-room, all-suite Ramada by Wyndham property is a high-performing asset designed for maximum operational flexibility. Every single unit features a fully equipped apartment-style kitchen, making it an ideal turnkey operation for extended-stay hospitality, or a seamless, low-cost conversion into a multifamily apartment community.
This asset delivers immediate cash flow with massive upside.
?? Seller Financing Available: To facilitate a smooth transaction, the owner will consider owner-financing for qualified buyers, subject to down payment strength and financial background verification.
?? Key Investment Highlights
100% Full Kitchen Suites: Unlike standard hospitality assets, every room is built like a studio apartment. This eliminates the massive capital expenditures (CapEx) typically required for hotel-to-multifamily conversions.
Dual-Track Asset:
Hospitality Track: Keep the Wyndham flag and capitalize on consistent business travel, medical professionals, and military contractors visiting the Dothan area.
Multifamily Track: Easily de-flag and transition the property into a 30-unit micro-apartment complex catering to the high-demand local workforce.
Strong Market Demographics: Dothan is a regional economic powerhouse. The property is ideally positioned to capture demand from Southeast Health, Flowers Hospital, local manufacturing hubs, and personnel tied to nearby Fort Novosel.
Flexible Owner Terms: Skip the traditional banking hurdles. Creative seller-financing options are available to ensure a win-win structure for the right buyer.
?? Property Specifications
Total Keys: 30 Suites
Room Style: Apartment-style layouts with built-in kitchens (stove, refrigerator, microwave, sink)
Zoning: Commercial / Hospitality (Highly adaptable for multi-unit residential conversion)
Financials: Clean books showing strong historical performance (Available upon signing an NDA)
The current owner manages a diverse portfolio of multiple properties, meaning this specific asset has been run under portfolio management rather than receiving localized, daily focus. This creates the ultimate "low-hanging fruit" opportunity for an on-site owner-operator or an ambitious first-time commercial buyer.
By providing dedicated, hands-on management and local marketing efforts, a new owner can immediately optimize operations, reduce overhead, and significantly scale the existing business. Whether you choose to leverage the global Wyndham reservation system or transition the property into a stable multifamily apartment complex with zero renovation downtime, this asset is primed for a focused operator to unlock its maximum financial potential.

Property Facts

Price $2,400,000
Price Per Room $80,000
Sale Type Investment
Sale Conditions
Business Value Included
  • High Vacancy Property
Property Type Hospitality
Property Subtype
Hotel
Building Class C
Lot Size 1.53 AC
Building Size 19,936 SF
No. Rooms 30
No. Stories 2
Year Built/Renovated 1994/2023
Parking Ratio 1.96/1,000 SF
Corridor Interior

Amenities

  • Business Center
  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen

About 112 ROCK BRIDGE RD , DOTHAN, AL 36303

An incredible, versatile investment opportunity in the heart of Dothan’s thriving commercial hub. This 30-room, all-suite Ramada by Wyndham property is a high-performing asset designed for maximum operational flexibility. Every single unit features a fully equipped apartment-style kitchen, making it an ideal turnkey operation for extended-stay hospitality, or a seamless, low-cost conversion into a multifamily apartment community. This asset delivers immediate cash flow with massive upside. ?? Seller Financing Available: To facilitate a smooth transaction, the owner will consider owner-financing for qualified buyers, subject to down payment strength and financial background verification. ?? Key Investment Highlights 100% Full Kitchen Suites: Unlike standard hospitality assets, every room is built like a studio apartment. This eliminates the massive capital expenditures (CapEx) typically required for hotel-to-multifamily conversions. Dual-Track Asset: Hospitality Track: Keep the Wyndham flag and capitalize on consistent business travel, medical professionals, and military contractors visiting the Dothan area. Multifamily Track: Easily de-flag and transition the property into a 30-unit micro-apartment complex catering to the high-demand local workforce. Strong Market Demographics: Dothan is a regional economic powerhouse. The property is ideally positioned to capture demand from Southeast Health, Flowers Hospital, local manufacturing hubs, and personnel tied to nearby Fort Novosel. Flexible Owner Terms: Skip the traditional banking hurdles. Creative seller-financing options are available to ensure a win-win structure for the right buyer. ?? Property Specifications Total Keys: 30 Suites Room Style: Apartment-style layouts with built-in kitchens (stove, refrigerator, microwave, sink) Zoning: Commercial / Hospitality (Highly adaptable for multi-unit residential conversion) Financials: Clean books showing strong historical performance (Available upon signing an NDA) ?? The Opportunity Whether you are a seasoned hotelier looking for a high-yield property with built-in extended-stay demand, or a multifamily developer seeking a conversion project with zero renovation downtime, this property is a rare find in the current market. Serious inquiries only. Proof of funds and professional bio required prior to receiving the complete financial packet and Offering Memorandum (OM).

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 30 $96.00 -
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 09-02-10-2-000-016-008
  • 09-02-10-2-000-016-007
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$235,220
  • Listing ID: 40665273

  • Date on Market: 5/26/2026

  • Last Updated:

  • Address: 112 Rock Bridge Rd, Dothan, AL 36303

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