Holiday Inn Airport


Price:
  $7,950,000   
$7,200,000

Address :
3630 Springhill Memorial Dr S
Mobile, AL 36608


  •  Confidentiality Agreement Required Sign HERE.
  •  Excellent location at the Airport Boulevard interchange of Interstate 65
  •  Convenient to the many diverse demand generators on the west and north sides of Mobile
  •  Airbus Industries plant and service providers continue to expand operations and recently announced the addition of the A220 Assembly Line for commercial airliner production
  •  Port of Mobile services Carnival Cruise Lines
  •  Performance over the past three years has been impacted by various operational and capital issues related to prior management and ownership, which have created a desirable opportunity for a buyer to significantly improve cash flow closer to historical levels
    View Map    View Aerial
  •  Excellent location at the major Airport Boulevard interchange of Interstate 65
  •  Only 4 miles to Interstate 10
  •  Mobile is home to Airbus’ only US manufacturing facility, which also has drawn aviation suppliers to the region.
  •  In Mobile’s retail center, only minutes from Springdale Mall and The Shoppes at Bel Air
  •  Close to Regional Demand Generators:
    •  4.2 Miles to University of South Alabama
    •  6.5 Miles to Port of Mobile
    •  6.9 Miles to Austal USA
    •  7.7 Miles to Mobile Aeroplex at Brookley, Home to Airbus
    •  8.1 Miles to USS Alabama Battleship Memorial Park
    •  8.5 Miles to Mobile Regional Airport
    •  36 Miles to AM/NS Calvert
  •  Four Stories (No Guest Rooms on 1st Floor)
  •  Interior Corridors
  •  Wood Frame Structure with Poured Concrete
  •  EIFS & Faux Stone Facade
  •  Pitched Roof with TPO Membrane Roofing System (Original)
  •  Asphalt Parking Lot - 145 Spaces
  •  Restaurant and Lounge (Seats 70)
  •  Meeting Space (2,550 Square Feet)
  •  Business Center
  •  Market Pantry & Vending
  •  Guest Laundry
  •  Indoor, Heated Pool
  •  Fitness Room
  •  Wireless Internet
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
2016
2017
2018
T-12Mos 10/19
Occupancy
61.75%
65.64%
64.06%
48.22%
Average Daily Rate
$82.10
$89.54
$92.18
$107.99
RevPar
$55.26
$58.77
$59.05
$52.07
Room Revenue
$1,640,302
$2,080,848
$2,090,716
$1,843,692
Net Operating Income
$229,880
$400,532
$211,647
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!