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6104 Hwy. 43
Satsuma, AL 36572
La Quinta Inn & Suites Satsuma (Mobile MSA) · Hospitality Property For Sale
·
79 Rooms

PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built | 2009 |
| Building Class | B | Tenancy | Single |
| Lot Size | 2.97 AC | Parking Ratio | 1.13/1,000 SF |
| Building Size | 41,984 SF | Corridor | Interior |
| No. Rooms | 79 | ||
| Zoning | B2 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.97 AC |
| Building Size | 41,984 SF |
| No. Rooms | 79 |
| No. Stories | 3 |
| Year Built | 2009 |
| Tenancy | Single |
| Parking Ratio | 1.13/1,000 SF |
| Corridor | Interior |
| Zoning | B2 |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
ABOUT 6104 HWY. 43 , SATSUMA, AL 36572
The La Quinta Inn & Suites Satsuma / Saraland is a well established property with a constant track record of gross revenue. The La Quinta will require a PIP on transfer that is estimated to be approximately $800,000. As shown in the STR report, this hotel does slightly trail its comp set giving the new buyer the ability to add value after the renovation by driving rate and occupancy. The hotel was constructed in 2009 with a stucco exterior and metal roof. The hotel is within walking distance to a McDonald's and Pilot Travel Center. The majority of visitors to this property are industrial workers and executives coming to the north Mobile area for its many industrial sites. Highway 43 is a very active industrial corridor with many large corporations having plants along this road. The La Quinta is well positioned by being just a couple of minutes from most of these sites as well as just a couple of miles north of Saraland that offers even more restaurants, retail and attractions. As the plants grow in north Mobile area, the La Quinta will continue to grow as well.
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 20 | $136.00 | - |
| Guest Room | 59 | $119.00 | - |
PROPERTY TAXES
| Parcel Number | 19-06-14-3-000-007 | Improvements Assessment | $1,035,120 |
| Land Assessment | $30,980 | Total Assessment | $1,066,100 |
PROPERTY TAXES
Listing ID: 17413603
Date on Market: 10/9/2019
Last Updated:
Address: 6104 Hwy. 43, Satsuma, AL 36572
