Sleep Inn & Suites


Price:
$3,800,000

Address :
78 Liberty Hill Pl
Evergreen, AL 36401


  •  Located at intersection of Interstate 65 and US Route 84
  •  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
  •  Renovations: Painted Exterior, New Signage, New Elevators, Painted Public Areas & Corridors, Painted Guest Room Interiors, New Mattresses, New Carpet
    View Map    View Aerial
  •  Situated on Interstate 65, midway between Atlanta, Georgia and New Orleans, Louisiana
  •  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:
    •  Conecuh Sausage Factory
    •  Evergreen Medical Center
    •  Knud Nielson Company
    •  Reid State Technical College
  •  56 Guest Rooms
  •  3 Stories, Interior Corridor
  •  Wood Frame Construction
  •  EIFS Façade
  •  Pitched, Asphalt-Shingled Roof
  •  Asphalt Parking Lot
  •  Wireless Internet
  •  Complimentary Breakfast Room (±24 People)
  •  Business Center
  •  Meeting Space
  •  Guest Laundry
  •  Fitness Center
  •  Seasonal Outdoor Pool
  •  Built in 2010
Thank you for your interest in this Mumford Company Listing. In order to review the financial and operating performance of this property, please complete the required fields below. If you are a real estate broker, please click here and you will be directed to our co-brokerage registration form.




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Financials
2019
2020
2021
2022
Occupancy
68.95%
52.99%
70.98%
54.23%
Average Daily Rate
$90.83
$87.54
$90.10
$90.48
Room Revenue
$1,280,113
$950,808
$1,307,212
$1,002,999
Net Operating Income
$545,835
$299,234
$434,510
$293,938
1.) Full year operating statement not available due to ownership transfer. Expenses estimated as percentage of room reve-nues (based on 2018 percentages). 2.) Property operations and maintenance expenses adjusted for items that were expenses related to PIP.
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!