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Motel One 511 Cedartown Hwy 24 Room Hotel Piedmont, AL 36272 $459,000 ($19,125/Room)
INVESTMENT HIGHLIGHTS
- Minimal competition in the area! Only other competitor is City Heart Inn & Suites. Huge demand for additional lodging in the area!
- Close proximity to the highway and plenty of land on the property would attract truckers to the motel!
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $459,000 | Lot Size | 2.63 AC |
| Price Per Room | $19,125 | Building Size | 11,017 SF |
| Sale Type | Investment | No. Rooms | 24 |
| Sale Condition | Business Value Included | No. Stories | 1 |
| Property Type | Hospitality | Year Built/Renovated | 1975/2009 |
| Property Subtype | Hotel | Parking Ratio | 3/1,000 SF |
| Building Class | F | Corridor | Exterior |
| Price | $459,000 |
| Price Per Room | $19,125 |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | F |
| Lot Size | 2.63 AC |
| Building Size | 11,017 SF |
| No. Rooms | 24 |
| No. Stories | 1 |
| Year Built/Renovated | 1975/2009 |
| Parking Ratio | 3/1,000 SF |
| Corridor | Exterior |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
ABOUT 511 CEDARTOWN HWY , PIEDMONT, AL 36272
Motel Property Highlights: Building area is 10,597 sq ft! Rentable Rooms: 24 Asking only about $19,000 per key! Property is +/- 2.63 acres! Included with the property is an apartment with 2 bedrooms and 2 and a half bathrooms! Multiple access points to the property! Full brick construction with a metal roof! Property shutdown a few years ago due to operator issues! Geographical and Demographic details: Minimal competition in the area! Only other competitor is City Heart Inn & Suites. Huge demand for additional lodging in the area! Close proximity to the highway and plenty of land on the property would attract truckers to the motel! Terrapin Creek brings steady spring through fall traffic for kayaking and camping, creating natural two-night stays that combine a paddle day and a trail day. The Pinhoti Trail intersects the Chief Ladiga Trail near Piedmont, drawing backcountry hikers, creating an opportunity for hiker-hostel lodging. The Chief Ladiga Trail, Alabama’s longest paved rail-trail, runs approximately 39.5 miles from downtown Anniston to the Georgia line, connecting with Georgia’s Silver Comet Trail for nearly 90 miles of continuous paved corridor. This trail system generates consistent, year-round demand from cyclists needing overnight accommodations. Anniston Army Depot, located about 25 to 30 miles southwest, is Calhoun County’s largest employer and drives steady demand from contractors and work crews seeking extended-stay lodging. Jacksonville State University, about 10 to 13 miles south, brings visitors for game days, graduations, orientations, and parent weekends, and as one of the region’s top employers, it contributes to consistent local lodging needs. 14 Miles from Edwards Farm Airport and 20 Miles from Reilly AHP Airport! Only one mile away from Fagan's Park and 2 Miles from Parris Lawns! 3 Miles from Piedmont Aquatic Center water park, Piedmont Golf range and Dugger Mountain Golf Driving Range! Population is increasing by 2% every year! Median Household Income is $52K! Less than 2 hours from Atlanta! 1 hour 30 minutes from Birmingham, AL! 1 hour 40 minutes from Chattanooga, TN! 2 hours from Huntsville, AL! Asking Price for the Property is only $459,000! If interested, please call or text us anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 5 | $89.00 | - |
| Guest Room | 19 | $65.00 | - |
PROPERTY TAXES
| Parcel Number | 09-02-04-0-001-004.000 | Improvements Assessment | $17,604 |
| Land Assessment | $11,440 | Total Assessment | $29,044 |
PROPERTY TAXES
Presented by
Motel One | 511 Cedartown Hwy
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