Property profile

8970 Eastchase Pkwy Montgomery, AL 36117

OFF-MARKET
Hotels
Property ID
US03-0979835
58,052 SF 2.55 ac lot Built 2010
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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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

Current use

Occupant on record · Public records
  • Electric Vehicle Charging Station
  • Hotel & Motel
  • Parking Lot & Garage

Location

8970 Eastchase Pkwy Montgomery, AL 36117-7049
Montgomery metro Census 5411 MONTGOMERY, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

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Owner & transaction history

since 2024
Last sale
$11.0M
3 recorded transactions
2024
$11.0M
2023
Price N/A
2019
$11.0M

Zoning & alternative use

B-2 · Montgomery, AL
Zoning description

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…

General category COMMERCIAL

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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