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Investment Highlights

  • Renovated Roof

Executive Summary

Asking 3.5x times of the last 3 years revenue.
Projected this 2026 revenue 800K+. All 42 rooms operational.

Property Facts

Price $2,500,000
Price Per Room $59,524
Sale Type Investment
Cap Rate 8%
Sale Condition Business Value Included
Property Type Hospitality
Property Subtype
Hotel
Building Class B
Lot Size 2.96 AC
Building Size 26,264 SF
No. Rooms 42
No. Stories 2
Year Built/Renovated 2001/2022
Parking Ratio 2.36/1,000 SF
Corridor Interior
Zoning GC

Amenities

  • Pool
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wifi

About 120 HIGHWAY 21 S , MONROEVILLE, AL 36460

Newly Renovated in August 2022 so no PiP / Minimal pip if any. (Renovated Roof, Furniture, Lights, TVs, Ac units, Carpets and Paint) Major 800 million project just started nearby. Only Indoor property in the whole area. Build as holiday inn 2003 Only Choice property with 30 miles radius in any direction and no Wyndham property either. Sale by Owner itself so please call/email if you are serious buyer.

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 6 $116.00 -
Guest Room 36 $106.00 -
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Number
26052200010210060
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$403,020
  • Listing ID: 41191930

  • Date on Market: 7/7/2026

  • Last Updated:

  • Address: 120 Highway 21 S, Monroeville, AL 36460

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