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5635 TILLMANS CORNER PKWY Mobile AL 36619-1977

[Locked] • APN 330827200002301X

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Details
Property Type Hospitality, Mixed Use (+2)
Sub Type Hotel, Motel
Building SqFt 22,077
Lot SqFt 40,143
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code B-3-S
Year Built 1998
Building Count 1
Opportunity Zone No
Mortgage Amount ******
Mortgage Term ******
Interest Rate ******
Mortgage Recording Date ******

Property History

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Property Type
Property Type
Hospitality, Mixed Use, Senior Living, Special Purpose
Property Subtype
Hotel, Motel
Marketing Description

APPROVED FLAGSHIP CONVERSION OPPORTUNITY: SLEEP INN, CHOICE HOTEL BRAND. FM Investment Group presents this rare opportunity of a fee simple interest in the 3 story, 45 key plus 1 BDR apartment interior corridor branded hotel for sale in a highly desirable location on Tillmans Corner in Mobile. Mobile is one of Alabama’s most premier coastal cities along the Gulf of America. This property is directly located off of a high traffic interstate location in a hotel corridor. Can be used for multipurpose commercial investments such as housing and other uses. FM Investment Group is pleased to share this asset that is increasing in value and profits. Newly renovated (2021-2022) and ready to obtain a new owner-operator. Amenities include a pool and more. For conversion information please contact listing agents.

Sleep Inn’s design is a distinct, nature-inspired look which combined with amenities catered to appeal to all five senses, aims to deliver guests with a better night’s rest, and relaxing stay. https://www.choicehotels.com/sleep-inn

Main Highlights:

  • $20,000 Initial Franchise Fee due at closing on the franchise rights

  • Limited PIP Requirements

  • 9-Months to complete the PIP and Open

  • Interior Corridor

  • 3 Stories with Elevator

  • Pool

  • Zoned B3

  • Cash incentive per room paid at opening of the Sleep Inn

  • Low transfer fee of $5,000 (certain terms and conditions apply)

Located conveniently within proximity to major high-traffic demand generators including Downtown Mobile, Orange Beach, Gulf Shores, Gulf Shores Sportsplex, Saraland, Fairhope, and within a little over an hour of the Pensacola International Airport.

Please view the flyer and OM. Can be used for multi-use purposes like senior or sober living housing and other uses.
P&L's provided upon submitting POF and signing NDA. Contact agents for all offers, showings, and more information.

Sale Date
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Sold Price
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Buyer Borrower 1 Corp Indicator
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Buyer Borrower 1 Name
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Buyer Borrower 1 Ownership Rights Code
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Mortgage Recording Date
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Mortgage Term
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Document Number
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Document Type
******
Mortgage Interest Rate
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Mortgage Loan Type
******
Mortgage Lender Name
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Loan Amount
******
Mortgage Document Date
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Mortgage Document Number
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Mortgage Estimated Interest Rate Indicator
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Resale Flag
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Sales Price Code
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Seller 1 Corp Indicator
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Transaction Type
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Seller 1 Name
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Transfer Tax
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Sold By
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Sold To
******

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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Contacts

Listing removed on
 BY:
FM
Faith Morgan PRO
•••.•••.2571
info@•••••••.com
Brokerage logo
Listing removed on
 BY:
MW
Maria White
•••.•••.2602
•••••••ria1@•••••.com
Brokerage logo
Listing removed on
 BY:
EA
Elijah Alexander PRO
•••.•••.9334
•••••••••••••••dash@•••••.com
Brokerage logo
Listing removed on
 BY:
DM
Djone McIntyre
•••.•••.7849
•••••••ia16@••••••.com
Brokerage logo

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