Property History
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.
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