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$500,000
Est. payment /mo
5,876 SqFt
UPDATED:
01/09/2024 04:21 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 5,876 sqft
Price per Sqft $85
MLS Listing ID 21374000
Year Built 1978
Lot Size 0.300 Acres
Property Description
Invest in an exceptional motel opportunity! This 13-unit gem boasts a prime location in West Central Alabama, serving the lodging needs of local manufacturing and other workers. The owner's suite, a spacious 4-bedroom, 2.5-bath, adds value. Each room offers comfort with 2 full-sized beds, nightstand, individual bathrooms, microwave, and refrigerator. Enjoy a low vacancy rate, thanks to the consistent demand from the thriving workforce in the area. With the closest motel 15 miles away, this property stands as a lucrative investment, promising sustained returns in a high-demand market. Don't miss out on this golden opportunity!
Location
State AL
County Marengo
Area Marengo County
Interior
Interior Features Other
Heating Electric (HEAT), Heat Pump (HEAT)
Cooling Central-Electric
Flooring Tile/Vinyl, Wall-to-Wall Carpet
Exterior
Garage 11+
Building
Sewer Connected
Water Public Water
Others
Financing Cash,Conventional
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Listed by The Williams Group at KW
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