Property profile

705 Main St Linden, AL 36748

OFF-MARKET
Motels
Property ID
US03-1710869
2,938 SF 0.29 ac lot Built 1978
Individually Owned Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1978
Construction WOOD
Total area 2,938 SF
Lot 0.29 ac (12,632 SF)
APN 1803051015005002
UPID US03-1710869

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
  • Auto Repair Shop

Location

705 Main St Linden, AL 36748-2007
Linden metro Census 973001
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$185k

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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