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1535 Montgomery Highway
Hoover, AL 35216
Jerry Sager with Keller Williams Realty Hoover, original listing - (205) 822-2272

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Property Details


List Price: $3,100,000
Beds: --
Baths: --
Status: Active
SqFt: --
Agency: Keller Williams Realty Hoover
Agency Phone: (205) 822-2272

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Description/Comments


Lot Size: 1 acre(s)
Property Type: Commercial Sale-Business
Year Built: 1965
Notes: Perfect location for a hotel – HIGH visibility on the corner of I-65 and Highway 31 in Hoover. This is a 34 room 2 story motel with 9 interior rooms and 25 exterior rooms. 10 rooms are double beds, 22 are king beds and 2 are full sized beds. The motel is currently operating and tend to sell out on Friday and Saturday nights. There are two restaurants on site that lease from the current motel owners. Current owners have put refrigerators and microwaves in every room, replaced all mattresses and bedding, repainted and put in new flooring as well as new fire sprinklers and smoke alarms - $100,000 into capital improvements. Current owners do have an agreement with Econo Lodge but this can be revoked if new owners chooses to run under a different platform. LOCATION, LOCATION, LOCATION!! This could also be the perfect location for a Medical Office Building, Business Office, or start with a clean slate and build a brand new building. The possibilities are endless.
MlsNumber: --
ListingId: 21403763


Listing Provided By: Keller Williams Realty Hoover, original listing
Phone: (205) 822-2272
Office Phone: (205) 822-2272
Agent Name: Jerry Sager
Disclaimer: Copyright © 2024 Greater Alabama MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Local Real Estate Expert

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Real Estate Expert Photo for James Faulkner
James Faulkner
ASCIIFaulkner & Associates at RealtySouth
Call Today!: (205) 520-3456

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