Holiday Inn Express & Suites (I-65 by IHG) - Mobile, AL
Fully Renovated Holiday Inn Express for sale under 3.5X! of 2025 revenue!!
Marketing description
Devesh “Devo” Ragha of NewGen Advisory is proud to present the sale of the Holiday Inn Express & Suites in Mobile, Alabama—an established upper-midscale hospitality asset backed by the strength of the IHG Hotels & Resorts brand. Originally built in 2005 and fully renovated in 2024, this 82-room, three-story property offers a turnkey investment with contemporary upgrades completed just months ago. Situated on 2.85 acres in a suburban Mobile location, the hotel benefits from strong regional demand drivers and excellent accessibility, reinforced by interior corridors and a well-maintained building footprint designed for efficient operations.
The 46,226-square-foot masonry-constructed hotel features 600 square feet of flexible meeting space, high-speed internet access, a business center, fitness center, pool, and a smoke-free environment—positioning it competitively within the upper-midscale segment. With a recent full renovation completed between June 2023 and June 2024, new ownership will benefit from minimized near-term capital expenditure and strong operational continuity. This offering presents an attractive opportunity to acquire a stabilized, well-maintained Holiday Inn Express & Suites in a growing Southern market, supported by long-term franchise strength and desirable suburban positioning.
Investment highlights
Fully renovated 82-unit interior corridor hotel
$2.50M in 2023 revenue generated during active renovations
$2.57M in 2024 room revenue, reflecting post-renovation stabilization
$2.735M in 2025, a 7% increase in revenue from 2024 / $880K NOI
Strong operating performance with occupancy exceeding 80% and RevPAR above $90
Proximate to major demand drivers including University of South Alabama and USS ALABAMA Battleship Memorial Park
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