2625 Zelda Rd | Montgomery, AL 36107
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- LoopNet Team
2625 Zelda Rd
Montgomery, AL 36107
Red Roof Inn Montgomery - Midtown · Hospitality Property For Sale
·
28,535 SF
INVESTMENT HIGHLIGHTS
- Ideal for an owner-operator with an upside in Revenues.
- The property is also near Alabama State Capitol, Alabama State. University, and Montgomery Regional Airport (MGM).
- $500,000 Renovation, including 50 rooms with new kitchenettes.
- Located directly off a major thoroughfare I-85 with easy access to US 231 and I-65.
- Minimal PIP Expected.
- Value Add: Opportunity to incorporate an additional 50 rooms into the franchise agreement. (Currently has 86 rooms in the franchise agreement)
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1973/2014 |
| Building Class | C | Parking Ratio | 7.81/1,000 SF |
| Lot Size | 5.00 AC | Corridor | Exterior |
| Building Size | 28,535 SF | ||
| Zoning | B-4 - Planned Commercial (local) | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 5.00 AC |
| Building Size | 28,535 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1973/2014 |
| Parking Ratio | 7.81/1,000 SF |
| Corridor | Exterior |
| Zoning | B-4 - Planned Commercial (local) |
AMENITIES
- Business Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
PROPERTY TAXES
| Parcel Number | 10-05-16-3-004-001.000 | Improvements Assessment | $609,580 |
| Land Assessment | $174,240 | Total Assessment | $783,820 |
PROPERTY TAXES
Parcel Number
10-05-16-3-004-001.000
Land Assessment
$174,240
Improvements Assessment
$609,580
Total Assessment
$783,820
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