Technical
Financial
Distress signals
Property profile

203 Brabham Dr Enterprise, AL 36330

OFF-MARKET
Hotels
Property ID
US03-1304459
40,743 SF 2.08 ac lot Built 2010
Entity Owned 6-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This fee-simple 83-suite Candlewood Suites hotel in Enterprise, Alabama, presents a compelling investment opportunity. Built in 2010, this three-story property sits on 2.09 acres and boasts a prime location near Fort Novosel (formerly Fort Rucker), home to over 25,000 military and civilian personnel. The hotel benefits from proximity to major medical facilities, including Medical Center Enterprise and Enterprise Health & Rehabilitation Center, and is just a short distance from downtown Enterprise's charming atmosphere and local attractions like the Boll Weevil Monument. The property requires minimal capital improvements upon acquisition. Furthermore, a state-of-the-art recreational facility, including indoor/outdoor gyms, tennis courts, and swimming pools, is slated for completion in 2024, further enhancing the area's appeal and potentially boosting occupancy rates. The hotel's location in the Tri-State area, with Florida and Georgia within easy reach, adds to its market appeal. This offering represents a rare chance to acquire a well-positioned hotel with significant growth potential in a thriving community. The asking price is $8,995,000.

Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 2010
Total area 40,743 SF
Lot 2.08 ac (90,757 SF)
APN 1608281000002017
UPID US03-1304459

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Hotel & Motel

Location

203 Brabham Dr Enterprise, AL 36330-3173
Enterprise metro Census 11300 ENTERPRISE-OZARK, AL MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

since 2019
2 recorded transactions
2019
$4.0M
2010
Price N/A

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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