Hospitality•Economy•For Sale

98-Room Rodeway Inn

5488 Inn Road, Mobile, Alabama 36619

Sale Price $1,250,000
Zoning B-3: Community Business
Class B
Year Built 1985
Stories 3
Gross Bldg 29,874 SqFt
Land Area 1.42 Acres
Market Mobile
Sub-Market Mobile-Daphne−Fairhope
MINIMUM BID OF $1,250,000 OR ABOVE WILL BE ACCEPTED! This is a well-located, revenue-producing former Rodeway Inn motel in Mobile, Alabama. Recent updates to the property in the last year include, new roof and downspouts, exterior paint and wood repair, railings, pool pump, parking lot paced and striped, new 90’ sign, new building sign, new exterior building lighting, new door locks to all guest rooms, two new front desk computers and two new back-office computers, new time clock, new phone system, new lobby lighting, all new guest room bathroom tiles, all new guest room vanities, all new guest room 32” televisions, 60 new air conditioners and a new laundry washer. This well-located property is situated by a high traffic corridor off of I-10 (53,110 VPD). Mobile, one of Alabama's largest and most vibrant markets, has a strong travel and tourism economy that supports many local and national retailers. This motel provides easy access to Hank Aaron Stadium, Bellingrath Gardens and Home, Dauphin Island, Battleship USS Alabama and the Magnolia Grove Golf Course. This 98-room, revenue-producing, exterior corridor motel is in excellent condition with an ideal location with excellent visibility. Hilco Real Estate, LLC in cooperation with Ron Young, Inc., AL Real Estate Broker, Lic. #000080484-2.
  • 3-Year Average Gross Room Revenue: $850,000
  • Ideal I-10 Visibility & Location
  • Excellent Condition – Exterior Corridor
  • Laundry facilities
  • Free self-parking
  • Elevator/lift
  • Outdoor pool
  • RV, bus, truck parking
1/8/2020 9:49:18 PM 1/8/2020 9:49:18 PM
James Keith
Director
Hilco Real Estate
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