Technical
Financial
Distress signals
Property profile

65600 Alabama 77 Talladega, AL 35160

OFF-MARKET
Hotels
Built 1980
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Hotels
Year built 1980

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

65600 Alabama 77 Talladega, AL 35160
Talladega metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$2.00M

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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