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9250 BOYD COOPER PKWY
MONTGOMERY, AL 36117-7441
Asking Price
Contact for price
Asset Type
Hotel Hospitality
Class
Class B
What's Special
High Performer: Double-Digit In-Place Yield and Mid Teens Cash-on-Cash <p><strong style="color: rgba(0, 0, 0, 1)">Hodges Ward Elliott (“HWE”) is pleased to announce a Call for Offers, scheduled for Tuesday, June 30, for the 106-room Holiday Inn Express & Suites Montgomery – EastChase. Ideally situated adjacent to The Shoppes at EastChase and just off Interstate 85, the Property offers investors the opportunity to acquire a high-performing hotel in one of the Southeast’s strongest retail, commercial, and lodging corridors. Located within Alabama’s capital city, the
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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