Bed and Breakfast Event
1632 S Court St Montgomery, AL 36104
For Sale
Contact for pricing
Bed and breakfast/event center in the Central Business District.
Property Size6,234 SF
Price / SF$152.37
Days on Market1565
Property Features for 1632 S Court St
General Information
- Standard status
- Active
- Size
- 6,234 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1915
Listing Agency:
Moore Company Realty
(334) 386-2437
Listed By:
Steve Hughes · License #AL 000011917
Source:
Crexi
Added: Apr 12, 2022
Changed: Jul 6
Last Checked: Jul 23 at 3:38PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Moore Company Realty
Investment Insights
Based on property information with market context.
Located in the Central Business District, this 6,234-square-foot property functions as a bed and breakfast and event center. The surrounding area has a high concentration of employees, with 35,826 individuals working within a 1-mile radius. The building is situated near the Federal Court House and the Montgomery County Court House.
Key Highlights
- Located in the Central Business District (CBD)
- Event Center and Bed and Breakfast
- High employee density: 35,826 employees within a 1‑mile radius
Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $89.8k | $14.40 |
| − Vacancy | −$22.4k | −$3.60 |
| EGI | $67.3k | $10.80 |
| − OpEx | −$35.3k | −$5.67 |
| NOI | $32.0k | $5.13 |
6,234 SF · lease $14.40/SF/yr · vacancy 25.00% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$456.9K
$399.8K – $533.0K
NOI $31,980 @ 7.0% cap · market cap 3.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.29M
$1.13M – $1.51M
NOI $90,488 @ 7.0% cap · market cap 9.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Hillcrest Manor Bed ...
Bed & Breakfast
Similar Off Market Nearby
- Bessie Sears Hall — 908 S University Dr, Montgomery, AL 36106, United States
- House of diamonds — 461 Cramer Ave, Montgomery, AL 36104
FAQs
What type of property is this?
Bed & breakfast - Bed and breakfast/event center in the Central Business District.
Where is this bed & breakfast located?
The property is located at 1632 S Court St Montgomery, AL.
What is the asking price?
The asking price for this property is $949,900.
What are key features of this property?
This property features: Located in the Central Business District (CBD); Event Center and Bed and Breakfast; High employee density: 35,826 employees within a 1‑mile radius
