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Sleep Inn & Suites
Price:
$3,500,000
Address :
78 Liberty Hill Pl
Evergreen , AL 36401
Well Located Off Busy North-South Interstate
Well Respected Mid-Market Franchise
Compact Size Allows Ease Of Operation
Upside Potential For Hands On Operator
Limited Property Improvement Requirements
Consistent Performance Year Over Year
Well-Located To Demand Generators And Transient Amenities
Location/Market
Physical Plant
Financials
Situated on Interstate 65, midway between Atlanta, GA and New Orleans, LA
I-65 intersects with US Routes 31 and 84 in Conecuh County
Within walking distance of numerous nationally franchised food options
Close to Regional Demand Generators:
0.1 Miles to Conecuh Sausage Factory
2 Miles to Evergreen Medical Center
2 Miles to Knud Nielson Company
3 Miles to Reid State Technical College
3 Stories
Interior Corridors
Wood Frame Construction
EIFS Facade
Pitched, Asphalt Shingled Roof
Asphalt Parking Lot
Complimentary Breakfast Room (Seats ±24)
Meeting Space
Guest Laundry
Business Center
Fitness Center
Seasonal Outdoor Pool
Wireless Internet
±2.13 Acres
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Financials
2017
2018
2019
2020
T-12Mos 1/21
Occupancy
66.56%
69.08%
68.95%
52.99%
51.78%
Average Daily Rate
$88.23
$92.84
$90.83
$87.54
$87.50
RevPar
$58.72
$64.14
$62.63
$46.39
$45.31
Room Revenue
$1,203,597
$1,310,945
$1,280,113
$950,808
$928,669
Net Operating Income
$463,559
$444,402
$470,200
$299,730
N/A
This is a confidential offering intended for the recipient's use in determining the advisability of negotiating for purchase. Do NOT Contact the Property Directly! All Showings by Appointment Only!
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