1571 Bates Rd Evergreen, AL 36401
This exceptional investment opportunity presents the fee simple interest in the 60-room Red Roof Inn located in Evergreen, Alabama. This two-story, limited-service hotel boasts 20,360 square feet on a 2.06-acre lot (APN: 14-08-28-3-000-008.001) and was built in 1979. The property features 60 guest rooms plus a manager's suite complete with a full kitchen, presenting an excellent owner-operator opportunity. Its strategic location directly off Interstate-65 and US Highway 83 ensures high visibility and convenient access for commuters, with an average annual daily traffic count of approximately 26,300 vehicles on the nearby section of I-65. The hotel's proximity to major cities—approximately 76 miles from Montgomery, Alabama
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.