705 Main St Linden, AL 36748-2007
- Motels
- 2,938 SF
- 0.29 lot acres
Current Use by Public Records
- Best Linden Inn Motel / Motel
- Anchest Auto Glass of Linden / Auto Repair Shop
Property Details for 705 Main St
- Year built
- 1978
- Construction
- WOOD
- Lot size
- 0.29 lot acres
- Property size
- 2,938 SF
- Property type
- Motels
- APN
- 1803051015005002
- APU
- 1803051015005002
Description
This exceptional 13-unit motel presents a lucrative investment opportunity in Linden, Alabama. Located at 705 S Main Street in Marengo County, this property offers 5,876 square feet of space across two stories, situated on a 0.3-acre lot. Built in 1978, the motel enjoys a prime location in West Central Alabama, catering to the lodging needs of local manufacturing and other workers. The property boasts a low vacancy rate due to consistent demand from this thriving workforce, with the nearest competing motel situated 15 miles away. Each of the 13 units includes two full-sized beds, a nightstand, a private bathroom, a microwave, and a refrigerator, ensuring guest comfort. Adding significant value is a spacious owner's suite, comprising four bedrooms and two and a half bathrooms. This turnkey operation presents a strong potential for sustained returns in a high-demand market, making it an ideal investment for those seeking a stable and profitable venture in the hospitality sector. The asking price for this well-maintained property is $500,000. This represents a unique chance to acquire a profitable, established business in a strategically advantageous location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Linden
- County
- Marengo
- State
- Alabama
- Longitude
- -87.7975
- Latitude
- 32.2996