8970 Eastchase Pkwy, Montgomery, AL 36117-7049
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-2 · Montgomery, ALMontgomery. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.