www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31387946
31387936

2750 S McKenzie St, Foley, AL 36535 For Sale

DG
FL SL3140783
Cushman & Wakefield - Boca Raton, Florida
JL
FL SL 3549179
Cushman & Wakefield - Boca Raton, Florida
Listed by Cushman & Wakefield - Boca Raton, Florida
$15,000,000
102 days on market
Updated 75 days ago

Home2 Suites by Hilton Foley

Details
APN 61-03-05-4-001-016.001
Property Type Hospitality
Sub Type Hotel, Motel
Square Footage 56,897
Keys 86
Price per SqFt $264
Year Built 2019
Buildings 1
Stories 4
Zoning B-1A, Extended Business District

Part of Three-Hotel Portfolio | Can Be Sold Together of Separate

Marketing description

Cushman & Wakefield’s Hospitality Group has been retained to offer for sale the fee simple interest in the three-hotel portfolio consisting of a Home2 Suites by Hilton, Hampton Inn, and a Holiday Inn Express & Suites located in Foley, Alabama. Strategically positioned near the Gulf Shores tourism corridor, the portfolio consists of a total of 245 rooms between three premium, extended‑stay and limited-service assets affiliated with market‑leading brands from Hilton and IHG. Collectively, the properties benefit from diverse demand generators including year‑round leisure tourism, youth and amateur sports, corporate and industrial activity, and regional retail attractions. The Foley, Alabama Three-Hotel Portfolio offers investors the opportunity to acquire 245 rooms with consistently strong cash flow and optimally located in one of the fastest‑growing coastal markets in the Southeast with additional upside through operational efficiencies and continued market growth.

Part of Three-Hotel Portfolio | Can Be Sold Together of Separate

Contact Jesse Lastofsky For More Details: 561.699.1513

Investment highlights

  • 245-Room portfolio consisting of three interior-corridor properties all located within one mile of each other, with two directly across the street from one another.

  • In Place 9.1% Cap Rate on 2025 Net Operating Income at $39,000,000 List Price

  • Part of Three-Hotel Portfolio | Can Be Sold Together of Separate

  • Home2 Suites Foley
    • $15,000,000
    • 2019 Construction
    • 86 Rooms
  • Hampton Inn Foley
    • $12,500,000
    • 2013 Construction / 2025 Renovated
    • ~$1.2M Renovation Completed in 2025
    • 80 Rooms
  • Holiday Inn Express & Suites Foley
    • $11,500,000
    • 2009 Construction / 2019 Renovated
    • 79 Rooms
  • Balanced portfolio serving:
    • Extended-stay guests (Home2 Suites)
    • Core transient leisure & business (Hampton Inn)
    • Upper-midscale leisure and group travelers (Holiday Inn Express)

  • Three-brand diversification reduces risk and broadens market capture.
  • Opportunity for portfolio buyer to immediately gain significant market share in the Foley region.
  • High barrier-to-entry market.
  • Prime location in Foley, Alabama, one of Baldwin County’s fastest‑growing tourism and residential markets, driven by Gulf Coast visitors, youth sports tourism, and retail traffic.
  • Located within close proximity to the beaches of Gulf Shores (~8.5 miles - 19 minutes) and Orange Beach (~13 miles / 25 minutes).
  • Diversified guest appeal, capturing extended‑stay travelers, leisure tourists, sports teams, and business travelers.
  • Located within close proximity to South Mckenzie Street, providing ease of access and displaying excellent signage to commuters.
  • The section of South Mckenzie Street closest to the properties has an Average Annual Daily Traffic (AADT) count of approximately 39,000 vehicles per day.

Listing Contacts

DG
FL SL3140783
Cushman & Wakefield - Boca Raton, Florida
JL
FL SL 3549179
Cushman & Wakefield - Boca Raton, Florida
Listed by Cushman & Wakefield - Boca Raton, Florida

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591