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2031 MILITARY ST S
HAMILTON, AL 35570-6617
Asking Price
Contact for price
Asset Type
Hotel Hospitality
Class
Class B
What's Special
75 keys motel located just off I-22, and a mile from downtown and the Marion County Airport <ul><li>Recently converted ABVI from Motel 6, minimal to no PIP required for new owner</li><li>Absentee Ownership, upside for an owner-operator</li><li>Situated directly across from Marion County Airport with plenty of restaurants nearby for guest convenience</li></ul>
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547