for sale
Budget Inn & Suites
65600 Alabama 77 | Talladega, AL 35160
Investment Highlights
- 100-unit, independent hotel
- Multiple franchise rebranding opportunities
- Easy access to I-20 and located near key attractions such as the iconic Talladega Superspeedway
- C-4 zoned, making this an ideal conversion to multi-family apartments
- Priced at $20,000/key
- Owner financing available
- Significant upside potential to increase hotel’s revenue growth
Property Description
Introducing a prime opportunity for hospitality and economy investors with the Budget Inn & Suites – Talladega, AL: a 39,406 SF building boasting 100 units, free from franchise or management constraints, offering versatile potential for multiple franchise rebranding opportunities or conversion to multi-family apartments. Strategically located in the desirable Talladega area with easy access to I-20, this property presents an enticing value proposition at just $20,000 per key. Built in 1980 and zoned C-4, this independent hotel offers a unique investment prospect with promising possibilities for expansion and growth.
Location Description
Conveniently located in Talladega, AL, Budget Inn & Suites is surrounded by a vibrant array of attractions ideal for office building investors. Nearby points of interest include the iconic Talladega Superspeedway, the Alabama Institute for Deaf and Blind, and the historic Ritz Theatre, creating an appealing environment for potential tenants. The area also offers a diverse range of dining options, recreational activities, and cultural landmarks, enhancing the property’s allure for businesses seeking a prime location.
It’s important to note that the area also has limited affordable housing options, making the Budget Inn & Suites an even more attractive choice for employees seeking convenient and affordable accommodation near their workplace. With its blend of local charm, plentiful amenities, and limited affordable housing, Talladega presents a compelling opportunity for office investors considering the Budget Inn & Suites as an attractive investment in a dynamic and sought-after location.
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Click the “Complete Confidentiality Agreement” button below to access the due diligence files. After you submit the CA form, you will receive an automated email with links to the due diligence files and offering memorandum.
Roshan Bhula
Associate
NC #321676
(704) 904-0480
rbhula@newgenadv.com
BROKER OF RECORD
Sam Zalowitz
Popes Real Estate LLC
AL #000159949