SureStay by Best Western Jasper
Hospitality | 60 Keys
Marketing description
Cushman & Wakefield’s Hospitality Group has been retained to offer for sale the fee simple interest in the 60-room SureStay by Best Western, located in Jasper, Alabama. The property is a three-story, recently renovated, limited-service hotel located within close proximity to a Highway 78, one of the main thoroughfares that travels through the city of Jasper and the surrounding area. Additionally, one has the opportunity to acquire a recently renovated property and increase its operations to competitive set standards and capture more of the market. The SureStay by Best Western Jasper offers investors the opportunity to acquire a 60-room, up-to-date property, with operational upside.
Investment highlights
Between 2021 And 2024, The Property Went Through Extensive Renovations That Encompassed Upgrades To The Guestrooms, Exterior, Common Areas, And Amenities, Among Others
Ideal Entry-Level Acquisition Opportunity Due To Room County And Property Being Recently Renovated
+/- 6,000 Sq. Ft. Space on Third Floor for Manager’s Suite (Currently not being used)
4 Bedrooms, 5 Bathrooms, Large Jacuzzi Room, 2 Large Living Rooms, 1 Kitchen with Appliances Installed, 1 Large Master Closet, Private Area in Corridor for a Gas Grill
Ideal Owner-Operator Acquisition Opportunity
Minimal Property Improvement Plan (PIP) Expected For A Buyer
Opportunity To Increase RevPAR To Competitive Set Standards And Exceed Performance Of Competition Through Strong, Hands-On Management And Increased Marketing
Located Within Close Proximity To Highway 78 And State Road 5, Providing Ease Of Access And Displaying Excellent Signage To Commuters
The Section Of State Road 5 Closest To The Property Has An Average Annual Daily Traffic (AADT) Count Of Approximately 28,500 Vehicles Per Day
The Property Is Also Located Within Close Proximity To A Variety Of Demand Generators Including, But Not Limited To Bevill State Community College and Walker Baptist Medical Center.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
