Hospitality Business for Sale in Bessemer, AL
- Price: Contact for price
- Listing type: For sale
- Asset type: Hospitality Business
- Location: Bessemer, AL 35022
- Year built: 1999
Description
As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the Best Western Plus Bessemer Hotel & Suites (‘Hotel’ or ‘Property’) located at 5041 Academy Ln in Bessemer, Alabama. The upper-midscale, Best Western-affiliated Hotel is offered at $4,999,000 or $71,414 per key. Situated on approximately 2.4 acres, the Property features 70 guest rooms and offers a variety of amenities including an outdoor pool, fitness center, and on-site laundry facilities. The Property also benefits from ample parking, with 85 parking spaces to accommodate a diverse range of both transient and group travelers. Originally constructed in 1999, the Hotel has undergone recent capital improvements including soft goods replacement in 2023 and a full roof replacement in 2025, positioning the asset for continued operational stability with reduced near-term capital needs. The Property benefits from proximity to a variety of popular attractions, such as Alabama Adventure & Splash Adventure, a major regional theme park drawing families and seasonal tourism. The area also hosts local festivals, community events, and sports gatherings that generate recurring lodging demand throughout the year. Additionally, the Property benefits from access to nearby retail, dining, and entertainment options, enhancing its appeal to both business and leisure travelers visiting the greater Birmingham area. Bessemer is a city located within the Birmingham Metropolitan Area, one of Alabama’s primary economic hubs, benefiting from a diverse and expanding regional economy. Positioned southwest of Birmingham, Bessemer offers strategic access to larger employment centers, healthcare systems, and regional infrastructure, while maintaining a lower-cost operating environment. This advantageous location supports continued growth driven by infrastructure investment, suburban expansion, and strong regional connectivity. The local economy is anchored by a broad mix of in
Market Context
This hospitality in Bessemer, AL is listed for sale. It is offered at an approximate 1.0% capitalization rate, a key benchmark for income-producing hospitality assets. The building dates to 1999. It has been on the market for 46 days. Compare it against other hospitality listings for sale in Bessemer, AL — <a href="/search/sale/hospitality/alabama/bessemer">view the full market</a>.
Contact
- Eddie Greenhalgh · (205) 510-9200
- Jake Marshall · (512) 338-7881 · jake.marshall@marcusmillichap.com
- Pete Fehlman · (469) 364-6540 · pete.fehlman@marcusmillichap.com
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