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    OFF-MARKET
    Hotels

    8970 Eastchase Pkwy, Montgomery, AL 36117-7049

    58,052 SF 2.55 ac lot Built 2010
    Entity Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US03-0979835
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a fee-simple interest in the 105-unit Fairfield Inn & Suites by Marriott Montgomery EastChase Parkway. Located in Montgomery, Alabama's thriving EastChase development, this three-story, 58,062 square foot hotel boasts a prime location off Interstate-85, offering easy access to major transportation routes. Built in 2010, the property sits on a 2.55-acre lot and features well-maintained guest rooms equipped with amenities including free Wi-Fi, flat-screen TVs with streaming capabilities, microwaves, refrigerators, and complimentary toiletries. Guests enjoy a complimentary hot breakfast, free on-site parking with charging stations, a fitness facility, business center, meeting room, and an outdoor patio with a firepit. The hotel's strategic location benefits from proximity to significant demand generators, including the Shoppes at EastChase (with over 85 retail stores), Maxwell Air Force Base, Baptist Medical Center, and several universities (Auburn University, Auburn University at Montgomery, and Alabama State University). Nearby attractions such as the Rosa Parks Museum and the Alabama State Capitol further enhance the property's appeal. The asking price is $12,250,000, representing a price per square foot of $210.98. This represents a compelling investment opportunity in a robust market driven by tourism, manufacturing, logistics, and a strong higher education presence.

    Property profile
    Verified
    Property type Hotels
    Use group HOTEL
    Year built 2010
    Total area 58,052 SF
    Lot 2.55 ac (111,165 SF)
    Zoning code B-2
    APN 09-05-15-4-002-004.008
    UPID US03-0979835
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Tesla Destination Charger Electric Vehicle Charging Station
    • Fairfield Inn & Suites Montgomery-EastChase Parkway Hotel & Motel
    • 8970 EastChase Parkway Parking Parking Lot & Garage
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Montgomery 8970 Wvof1 LLC · 1 yrs held
    Montgomery 8970 Wvof1 LLC
    since 2024
    Last sale
    $11.0M
    3 recorded transactions
    2024
    $11.0M
    2023
    2019
    $11.0M
    Zoning & alternative use
    B-2 · Montgomery, AL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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