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Comfort Suites Mobile East Bay

Hospitality | 77 ROOMS | 2024 RENOVATED

Listing Contacts

Active

Asking Price: $7,750,000
Address 

29450 N Main St, Daphne, AL 36526

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Date Added
Jan 6, 2025
Days on Market
164 days
Time Since Last Update
34 days

Details

Property TypeHospitality
SubtypeHotel, Motel
Square Footage44,787
Keys77
Year Built1998
Year Renovated2024
Stories3
ZoningB-2
Lot Size (acres)1.94
APN32-09-37-0-002-001.082
IntelligenceINTELLIGENCE
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Marketing Description

Cushman & Wakefield’s Hotel Group has been exclusively retained to offer for sale the fee simple interest in the 77-room Comfort Suites located in Daphne, Alabama.​ The property is a 2024 renovated, three-story, limited-service hotel that is conveniently located at the intersection of Interstate-10 & US Highway 98 - two major expressways that provide ease of access to commuters and display excellent visibility.​ The Comfort Suites is located directly at the east end of the Bayway Mobile Bay Bridge, where a $3.5 billion expansion project is expected to take place over the next five years.​ The property presents an acquisition opportunity to take over the hotel and increase operations to competitive set standards through focused, hands-on management and marketing.​ The Comfort Suites Mobile East Bay offers investors the opportunity to acquire a 2024 renovated property in a desirable market with seller financing available.​

Investment Highlights

  • Seller Financing Available

  • Interior-Corridor

  • Ideal Owner-Operator Acquisition Opportunity

  • Property Completed Extensive Renovations In 2024, Leaving Minimal Property Improvement Plan (PIP) Costs Expected For A Buyer

  • Extensive $3.5 Billion Bridge Expansion Project Which Connects Daphne To Mobile Expected To Take Place Over The Next Five Years And Create Significant Revenue Growth

  • Opportunity To Increase RevPAR To Competitive Set Standards And Exceed Performance Of Competition Through Strong, Hands-On Management And Increased Marketing

  • Comfort Suites Is A Highly Reputable Flag By Both Investors And Consumers Alike

  • Located At The Intersection Of Interstate-10 & US Highway 98, Providing Ease Of Access And Displaying Excellent Signage To Commuters

  • The Section Of Interstate-10 Closest To The Property Has An Average Annual Daily Traffic (AADT) Count Of Approximately 38,300 Vehicles Per Day

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Listing Contacts


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