This Hospitality Property is no longer advertised on LoopNet.com.

8931 Sawwood St
Spanish Fort, AL 36527
REO | Best Western Plus Daphne Inn & Suites · Hospitality Property For Sale · 41,460 SF

Investment Highlights

  • Exceptional Value-Add Opportunity to Acquire a Lender-Owned Property
  • The Property recently completed a major renovation exceeding Best Western brand requirements
  • Job growth in the Daphne/Spanish Fort market increased by 2.4% between 2018 and 2019, and forecasted job growth is expected to be among the fastest
  • Well located and nearby downtown Mobile, the Hotel is significantly outpacing budget and on track to outperform peak historical performance
  • Drive-To Fundamentals: The Hotel increasingly benefits from business travelers seeking alternatives to boarding airlines
  • Mobile is less than 15 minutes from the Hotel, as are its port and major industries including shipbuilding, logistic sort facilities and auto plants

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.00 AC
Building Size 41,460 SF
No. Stories 3
Year Built/Renovated 2008/2020
Tenancy Single
Parking Ratio 1.81/1,000 SF
Corridor Interior
Zoning Commercial - Commercial

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

Property Taxes

Property Taxes

Parcel Number
32-08-27-0-000-012.071
Land Assessment
$0
Improvements Assessment
$824,700
Total Assessment
$824,700
  • Listing ID: 23893598

  • Date on Market: 8/12/2021

  • Last Updated:

  • Address: 8931 Sawwood St, Spanish Fort, AL 36527

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