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    8970 Eastchase Pkwy Montgomery, AL 36117-7049
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    Property profile & analytics

    8970 Eastchase Pkwy Montgomery, AL 36117-7049


    • Hotels
    • 58,052 SF
    • 2.55 lot acres
    Off-Market
    Last Sale Sep 10, 2024
    $11,000,000
    Property ID
    US03-0979835
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Tesla Destination Charger / Electric Vehicle Charging Station
    • Fairfield Inn & Suites Montgomery-EastChase Parkway / Hotel & Motel
    • 8970 EastChase Parkway Parking / Parking Lot & Garage

    Property Details for 8970 Eastchase Pkwy

    Year built
    2010
    Lot size
    2.55 lot acres
    Property size
    58,052 SF
    Zone code
    B-2
    Property type
    Hotels
    APN
    09-05-15-4-002-004.008
    APU
    905154002004008

    Description

    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.


    Value Estimations

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    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.1406
    Latitude
    32.3632
    CBSA code
    33860
    CBSA name
    MONTGOMERY, AL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $108,200
    $355,840
    $1,393,360
    $1,749,200
    -
    $1,779,200
    $6,966,800
    $8,746,000
    More about this property
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