Hospitality Business for Sale in Montgomery, AL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Hospitality Business
  • Location: Montgomery, AL 36106
  • Year built: 1998

Description

Marcus & Millichap Marcus & Millichap is pleased to present the Comfort Inn & Suites Montgomery East Carmichael Rd. The 79-room hotel is located strategically near Interstate 85 and US-231, giving the property strong visibility and immediate access to the Montgomery metro’s most desirable attractions, dining and shopping. The property benefits from multiple demand generators including military, government, manufacturing, healthcare, and interstate travel. This asset is well-suited for investors seeking stable performance with upside potential through hands-on management and rate growth. Investment Highlights: • Occupancy, ADR, and RevPAR Have Increased Over the Past Three Years • Ideal for Hands-on Owner/Operator or Cost-conscious Private Capital • Recently Renovated in 2024 • Conveniently Located Off Interstate-85 and US-231

Market Context

This hospitality in Montgomery, AL is listed for sale. It is offered at an approximate 8.9% capitalization rate, a key benchmark for income-producing hospitality assets. The building dates to 1998. It has been on the market for 68 days. Compare it against other hospitality listings for sale in Montgomery, AL — <a href="/search/sale/hospitality/alabama/montgomery">view the full market</a>.

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