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29565753
29565754

100 Hunters Mountain Pkwy, Troy, AL 36079

HC
AL AL 000168807 - 0, TN TN 263667 (+1)
Matthews
Listed by Matthews
$4,600,000
120 days on market
Updated 65 days ago

Best Western Troy Inn

Details
Property Type Hospitality
Sub Type Hotel
Square Footage 34,536
Keys 53
Cap Rate 11.60%
NOI $508,757
Acreage 3.960

Lean Operating Potential: 55% expense load under current ownership

Investment highlights

Chris Beavers and Mitch Glasson are proud to represent the Best Western Troy Inn – an exceptional acquisition opportunity for hoteliers looking for an interior corridor, seven figure performing midscale asset ideal for hands on owner/operators as well as 3rd party management with a minimal change of ownership PIP.

The property benefits from its proximity to a stream of local demand drivers such as Troy University, Sikorsky Helicopter Manufacturing, Kimber Manufacturing, Lockheed Martin, and Troy Regional Medical Center. The new owner will inherit existing group booking contracts.

Now listed at $4,600,000, down $300,000 from the original list price, these Owners are motivated to sell to the most eligible buyer.

***Unauthorized visits or communication with on-site staff will result in buyer disqualification***

  • 20% Cash on Cash Return

  • 25% Total Return Year 1

  • PIP: Minimal upon change of ownership. Lobby, front desk, and all guest rooms completed in 2025.

  • Stable Pipeline: 0 under construction properties

  • Year Round Demand Drivers: Lockheed Martin, Troy University, Troy Regional Medical Center, Sikorsky Aircraft, Kimber Manufacturing

  • Group Booking Contracts

Listing Contacts

HC
AL AL 000168807 - 0, TN TN 263667 (+1)
Matthews
Listed by Matthews

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$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$508,757.00
$42,396.42/mo

Valuation Metrics

0
DSCR
11.06%
Cap Rate
11.06%
ROI

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Additional Information

Name
Hutt Cooke
License
000110253 - 0 (AL)
Brokerage
Matthews Real Estate Investment Services, Inc
Brokerage Phone
866.889.0550
Title
Broker of Record
Brokerage Address
1600 West End Ave, Ste. 1500 Nashville, TN 37203
Name
Hutt Cooke
License
AL 000168807 - 0
Brokerage Phone
866-889-0550
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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