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23300125
23300126

1288 W South Blvd, Montgomery, AL 36105

MC
GA 406685
Avison Young - Atlanta
Avison Young - Atlanta
Avison Young - Atlanta
Avison Young - Atlanta
Avison Young - Atlanta
Listed by Avison Young - Atlanta
$1,750,000
419 days on market
Updated 26 days ago

Economy Hotel - Montgomery

Details
Property Type Multifamily, Hospitality
Sub Type Hotel
Square Footage 21,650
Units 51
Year Built 1960
Year Renovated 2022
Stories 2
Acreage 1.380
Zoning B-3
Parking Spaces 94 spaces
Parking Per SqFt 4.34
Ownership Fee Simple
Sale Condition For sale by owner

Value-Add Hospitality Investment Located Near Key Demand Drivers in Alabama’s Capital City

Marketing description

Avison Young Hospitality Group, as the exclusive representative of the Seller, is pleased to present the opportunity to acquire the 51-room Economy Hotel in Montgomery, Alabama. The property is being offered free and clear of management and debt, allowing investors to take immediate ownership of a stabilized, cash-flowing asset.

Strategically located near major demand drivers—including downtown Montgomery, Maxwell Air Force Base, Hyundai Motor Manufacturing, and local universities—the hotel benefits from a diverse and consistent base of transient and extended-stay demand. The property’s visibility and access to key highways further enhance its operating potential.

As construction and labor costs continue to rise, new hotel development faces significant headwinds. This asset offers a substantial discount to replacement cost, giving investors the ability to secure immediate value. Additionally, the hotel presents repositioning potential, whether through operational improvements, renovation, or rebranding, offering upside for both yield-focused and value-add buyers.

Investment highlights

  1. Free and Clear of Management & Debt
    Property is offered unencumbered, allowing new ownership full control over operations and future repositioning.

  2. Attractive Price Below Replacement Cost
    Rising construction and labor costs make this a compelling acquisition at a significant discount to today’s development costs.

  3. Consistent In-Place Cash Flow
    Operating with steady income, the hotel provides immediate yield with further upside potential.

  4. Prime Location Near Major Demand Generators
    Convenient access to Maxwell Air Force Base, Hyundai Motor Manufacturing, downtown Montgomery, and several colleges and hospitals.

  5. Repositioning and Upside Potential
    Opportunity to enhance performance through capital improvements, operational efficiencies, or potential rebranding.

  6. High Visibility & Strong Access
    Well-situated with excellent access to key regional highways and thoroughfares, driving year-round demand.

  7. Growing Regional Market
    Montgomery’s diverse economy and stable tourism and government sectors provide a reliable base for hotel performance.

Listing Contacts

MC
GA 406685
Avison Young - Atlanta
Avison Young - Atlanta
Avison Young - Atlanta
Avison Young - Atlanta
Avison Young - Atlanta
Listed by Avison Young - Atlanta

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Zoning

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B-3 CommercialSpecial CommercialHighway Commercial District
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View all 16 uses
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Last updated Jun 23, 2026 For deeper zoning details, reports are available at Zoneomics

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