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31388162
31388170

3155 Abbey Ln, 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
$11,500,000
102 days on market
Updated 55 days ago

Holiday Inn Express & Suites Foley North Gulf Shores

Details
APN 61-03-08-1-001-001.014
Property Type Hospitality
Sub Type Hotel, Motel
Square Footage 44,982
Keys 79
Price per SqFt $256
Year Built 2009
Year Renovated 2019
Buildings 1
Stories 4
Zoning B-1A, Extended Business District

About This Property for Sale

Marketing description

Cushman & Wakefield’s Hospitality Group has been retained to offer for sale the fee simple interest in the 79-room Holiday Inn Express & Suites, located in Foley, Alabama. The four-story, interior-corridor, limited-service hotel is strategically positioned near the Gulf Shores tourism corridor,

benefiting from diverse demand generators relating to year‑round leisure tourism, youth and amateur sports, corporate and industrial activity, and regional retail attractions. Backed by the strength and consistency of the IHG brand, the hotel offers investors durable cash flow, strong market positioning, and exposure to Foley’s continued economic and population growth. The Holiday Inn Express & Suites Foley North Gulf Shores offers investors the opportunity to acquire a high-performing, nationally branded, 79-room property in one of Alabama’s most dynamic leisure

and retail corridors.

Investment highlights

  • Ideal owner-operator acquisition opportunity.
  • Holiday Inn Express & Suites by IHG is a highly desirable flags by both investors and consumers alike.
  • 15-Year Holiday Inn Express & Suites by IHG license expected for new owner.
  • Located in an Opportunity Zone, EB-5 Zone, and qualifies for USDA Loans.
  • 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.
  • Proximity to OWA Parks & Resort significantly enhances hotel performance by driving year‑round demand, higher occupancy, and premium ADRs, as the 520‑acre, $400M+ destination features a major theme park, the region’s largest indoor water park, live entertainment, festivals, dining, and on‑site lodging—creating a built‑in pipeline of leisure travelers, families, and event‑driven guests who prioritize nearby hotels for convenience and extended stays.

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

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