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1417 Veterans Memorial Pky
Tuscaloosa, AL 35404
Microtel Inn & Suites by Wyndham Tuscaloosa · Hospitality Property For Sale
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27,926 SF
Investment Highlights
- Offering includes established interior hotel & operations of a 59-key Microtel Inn & Suites located in Tuscaloosa, AL.
- Minutes from high traffic retail and demand drivers such as the University of Alabama, DCH Regional Medical Center, and Mercedes Benz Amphitheatre.
- Asset is currently undergoing significant interior/exterior renovations which will be delivered with work completed.
- Fee - simple real estate and building is unencumbered of debt or management contracts.
- The property benefits from significant daily traffic counts equating to ~108,247 vehicles per day (VPH).
- Property is indexing at 88% of competitive set's ADR and RevPar presenting a value-add opportunity to enhance property performance.
Property Facts
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built/Renovated | 2008/2018 |
| Building Class | C | Tenancy | Single |
| Lot Size | 0.83 AC | Parking Ratio | 1.93/1,000 SF |
| Building Size | 27,926 SF | Corridor | Interior |
| Zoning | BH - Business highway/Hotel | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.83 AC |
| Building Size | 27,926 SF |
| No. Stories | 4 |
| Year Built/Renovated | 2008/2018 |
| Tenancy | Single |
| Parking Ratio | 1.93/1,000 SF |
| Corridor | Interior |
| Zoning | BH - Business highway/Hotel |
Amenities
- Business Center
- Fitness Center
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
Property Taxes
| Parcel Number | 30-09-30-1-004-009.000 | Improvements Assessment | $859,520 |
| Land Assessment | $24,900 | Total Assessment | $884,420 |
Property Taxes
Parcel Number
30-09-30-1-004-009.000
Land Assessment
$24,900
Improvements Assessment
$859,520
Total Assessment
$884,420
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