Economy Inn 1834 2nd Ave NW 40 Room Hotel Cullman, AL 35055 $1,800,000 ($45,000/Room)
EXECUTIVE SUMMARY
Motel located on Hwy 31 in Cullman. High traffic count and visibility. 6 total buildings sitting on approx 1.9 acres. Frontage on 3 different streets. Motel is in current operation.
PROPERTY FACTS
| Price | $1,800,000 |
| Price Per Room | $45,000 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.20 AC |
| Building Size | 17,430 SF |
| No. Rooms | 40 |
| No. Stories | 1 |
| Year Built | 2003 |
| Corridor | Exterior |
| Zoning | B-2 |
AMENITIES
- High Speed Internet Access
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 40 | $52.00 | - |
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PROPERTY TAXES
| Parcel Number | 17-02-04-2-013-002.000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $134,440 |
