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1535 Montgomery Highway, Hoover, AL 35216
sale
$2,480,000
|
Business
Courtesy Of Keller Williams Realty - Hoover
Perfect location for a hotel HIGH visibility on the corner of I-65 and Highway 31 in Hoover. This is a 34 room 2 story motel with 9 interior rooms and 25 exterior rooms. 10 rooms are double beds, 22 are king beds and 2 are full sized beds. The motel is currently operating and tend to sell out on Friday and Saturday nights. There are two restaurants on site that lease from the current motel owners. Current owners have put refrigerators and microwaves in every room, replaced all mattresses and bedding, repainted and put in new flooring as well as new fire sprinklers and smoke alarms - $100,000 into capital improvements. Current owners do have an agreement with Econo Lodge but this can be revoked if new owners chooses to run under a different platform. LOCATION, LOCATION, LOCATION!! This could also be the perfect location for a Medical Office Building, Business Office, or start with a clean slate and build a brand new building. The possibilities are endless.
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Property Features
- Age: Over 50 Years Old
- Amenities: Ceiling Fan
- Architecture Style: Other
- Cooling System: Gas (Cooling)
- Cooling System: Window Unit(s)
- Cooling System: Multi Units
- Cooling System: Ceiling Fan(s)
- Cooling System: Central Air
- Exterior Type: Brick
- Floor Covering: Vinyl
- Floor Covering: Carpet - Full
- Floor Covering: Tile
- Floor Covering: Carpet
- Floors: 2
- MLSID: 21403763
Directions to This Property
1535 Montgomery Highway, Hoover, AL 35216
Demographic Data for 1535 Montgomery Highway, Hoover, AL 35216
Average Age
38
Married
44%
Number of Homes
14,702
Homes with Children
30.22%
Occupation Type
Transportation to Work
Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
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