116 Walker St | Gadsden, AL 35904
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- LoopNet Team
116 Walker St
Gadsden, AL 35904
Fairfield Inn & Suites Gadsden · Hospitality Property For Sale
·
50,316 SF
INVESTMENT HIGHLIGHTS
- Located in one of Northeast Alabama’s fastest-growing areas
- Below replacement cost for Marriott product with long term agreement available
- Fairfield Inn & Suites recently underwent an extensive renovation to public spaces
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built/Renovated | 2009/2018 |
| Building Class | B | Tenancy | Single |
| Lot Size | 1.95 AC | Parking Ratio | 1.47/1,000 SF |
| Building Size | 50,316 SF | Corridor | Interior |
| Zoning | B-2 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.95 AC |
| Building Size | 50,316 SF |
| No. Stories | 4 |
| Year Built/Renovated | 2009/2018 |
| Tenancy | Single |
| Parking Ratio | 1.47/1,000 SF |
| Corridor | Interior |
| Zoning | B-2 |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Digital key
ABOUT 116 WALKER ST , GADSDEN, AL 35904
Stable, smaller market hotel opportunity with a premium flag, Fairfield Inn and Suites by Marriott. Numbers are ramping up well Post Covid. Tremendous upside with completion of Property Improvement Plan and more hands on operations.
PROPERTY TAXES
| Parcel Number | 16-01-11-0-001-018.014 | Improvements Assessment | $906,620 |
| Land Assessment | $134,960 | Total Assessment | $1,041,580 |
PROPERTY TAXES
Parcel Number
16-01-11-0-001-018.014
Land Assessment
$134,960
Improvements Assessment
$906,620
Total Assessment
$1,041,580
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