Property summary
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
VerifiedCap rate & NOI
Current use
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Electric Vehicle Charging Station
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Hotel & Motel
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Parking Lot & Garage
Location
Value estimations
Owner & transaction history
Zoning & alternative use
lands at service stations is at least ten feet from all property lines. **Off site parking may be provided to meet this requirement, provided previous approval is obtained from the planning commission. Individual Stores…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B-2 · Montgomery, ALlands at service stations is at least ten feet from all property lines. **Off site parking may be provided to meet this requirement, provided previous approval is obtained from the planning commission. Individual Stores…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
lands at service stations is at least ten feet from all property lines. **Off site parking may be provided to meet this requirement, provided previous approval is obtained from the planning commission. Individual Stores…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-2 in Montgomery, AL.
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