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4870 University Dr NW
Huntsville, AL 35816
La Quinta Inn by Wyndham Huntsville Research · Hospitality Property For Sale · 49,758 SF

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.61 AC
Building Size 49,758 SF
No. Stories 2
Year Built/Renovated 1985/2009
Parking Ratio 2.15/1,000 SF
Corridor Exterior
Zoning Commercial

Amenities

  • Pool
  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free

About 4870 UNIVERSITY DR NW , HUNTSVILLE, AL 35816

HREC Investment Advisors is pleased to offer for sale the fee-simple interest in the corporate-owned 130-room La Quinta Inn & Suites Huntsville Research Park (herein referred to as the “Property” or “Hotel”), located in Huntsville, AL. The two-story exterior corridor Hotel features an outdoor swimming pool, complimentary on-site parking and complimentary Bright Side Breakfast®. Located at the north end of Cummings Research Park, the second largest research park in the country and fourth largest in the world, the Property features excellent visibility from University Drive and easy accessibility to Huntsville’s top demand generators. In addition to hosting the Cummings Research Park, Huntsville is home to Alabama’s top paid tourist attraction, the U.S. Space & Rocket Center. The Hotel is also conveniently located 11 miles from Huntsville International Airport, seven miles from Redstone Arsenal Army Base and four miles from downtown Huntsville. Huntsville’s location as the county seat of Madison County in the Appalachian region of northern Alabama places it centrally between four major markets: Birmingham, AL, Atlanta, GA, Nashville, TN and Memphis, TN. The Hotel is easily accessible via US-72 (University Drive), which provides access to Interstate-65 (I-65), which connects the Deep South with the Midwest, providing a north-south connection from the ports of the Gulf of Mexico to the ports of the Great Lakes. Loaded with history and culture, Huntsville is the birthplace of America’s space program and of the Alabama Constitution. The University of Alabama in Huntsville, home to nearly 10,000 students and 500 academic staff, sits less than one mile from the Hotel. The Property is also located proximate to other key demand generators, including downtown Huntsville, Monte Santo State Park, Huntsville Botanical Garden, and the new $350 million, 100-acre MidCity Huntsville mixed-use community development. With over $3 billion in new developments underway and a steadily growing population, Huntsville is a surging market that will continue to outpace all other major Alabama MSAs.

Property Taxes

Property Taxes

Parcel Number
14-09-32-2-000-055.000
Land Assessment
$295,800
Improvements Assessment
$567,000
Total Assessment
$862,800
  • Listing ID: 17674656

  • Date on Market: 11/8/2019

  • Last Updated:

  • Address: 4870 University Dr NW, Huntsville, AL 35816

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