Best Western I-85 North


Price:
$6,400,000

Address :
5225 Carmichael Rd.
Montgomery, AL 36106


  •  Excellent location in Alabama’s State Capital
  •  Good Visibility from Interstate 85
  •  Property is ramping up quickly to stabilization and is projected to do approximately $1,890,000 in 2019
  •  Two hour drive from Atlanta and Birmingham
  •  Central location to all of Montgomery’s diverse demand generators
  •  Busy interchange with many restaurants and nationallybranded hotels
  •  Montgomery has a diverse set of demand generators that include the Alabama State Capital, Air Force Base, the Hyundai Assembly factory and Auburn University Montgomery and Civil Rights Tourist attractions.
    View Map    View Aerial
  •  The Capital of Alabama, the City of Montgomery serves as the economic and cultural heart of a market area that is home to 600,000 people and is Alabama’s 3rd largest city.
  •  3.5 Miles to Baptist Medical Center East Hospital
  •  7.7 Miles to Maxwell Air Force Base Gunter Annex and 9.3 Miles to Maxwell-Gunter Air Force Base, home to the Air University
  •  Close to Regional Demand Generators:
    •  2.2 Miles to Faulkner University
    •  3.3 Miles to Historic Downtown Montgomery & Old Town Alabama
    •  3.4 Miles to Auburn University at Montgomery
    •  6.3 Miles to Alabama State University
    •  7 Miles to State Capital
    •  7.8 Miles to Montgomery Zoo
    •  12 Miles to Hyundai North America Assembly Plants
    •  14 Miles to Montgomery Regional Airport
  •  Wood Frame Construction
  •  Interior Corridor
  •  EIFS Facade
  •  Flat Roof
  •  Asphalt Parking Lot (114 Spaces)
  •  Complimentary Breakfast
  •  Guest Laundry
  •  Business Center
  •  Fitness Center
  •  Convenience Marketplace Attached to Front Desk
  •  Outdoor Pool
  •  Electric Automobile Charging Station
  •  Wireless Internet
  •  Built 1985
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
2018
T-12Mos 6/19
Pro Forma
Occupancy
56.42%
68.88%
72.52%
Average Daily Rate
$78.55
$76.45
$78.03
RevPar
$44.32
$52.66
$56.59
Room Revenue
$1,315,362
$1,864,345
$2,003,522
Net Operating Income
$367,754
N/A
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!