6104 Hwy. 43 | Satsuma, AL 36572
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6104 Hwy. 43
Satsuma, AL 36572
Auction | La Quinta Inn & Suites (Mobile MSA) · Hospitality Property For Sale
·
41,984 SF
INVESTMENT HIGHLIGHTS
- STARTING BID $1,000,000 | 54% OCCUPANCY | AUCTION APRIL 11-13, 2022
- Strong Revenue Trend: 2021 Trailing-12 ADR and RevPAR have surpassed 2019 for both the subject property and competitive set
- Strategically located close to the following multi-national corporations: Boasso Global, SSAB Alabama Inc., AMVAC Chemical Corporation, Olin, etc
- 79-Room La Quinta Inn & Suites located along I-65 (±32,410 VPD) & Hwy 43 (±19,225 VPD) - both roads run north-south into Mobile, Alabama
- Available unencumbered of management with significant operational upside for a prospective buyer transitioning away from third-party management to a r
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 |
| Zoning | B2 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.97 AC |
| Building Size | 41,984 SF |
| 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
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
Parcel Number
19-06-14-3-000-007
Land Assessment
$30,980
Improvements Assessment
$1,035,120
Total Assessment
$1,066,100
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