Port City Inn

Hospitality for Sale
Catylist Listing ID: 30010997
Property Subtypes: Motel
Number of Units: 141 Units
Building Size (RSF): 50,814 SF
Gross Building Area: See Agent
Gross Land Area: 3 Acres
Sale Price: $1,500,000
Unit Price: $10,638.30 Per Unit
Property Use Type: Business
Building Name: Port City Inn
Name of Establishment: Port City Inn
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/18/2017

Overview / Comments

Port City Inn is a four-building motel with 141 guest rooms, situated on a lot of approximately 3 acres on 1520 Matzenger Dr., near the intersection of I-10 and Dauphin Island Parkway.

Adjacent lots are available (approximately 5.5 acres - zoned B-1 & B-2) just south of Port City Inn, and north of I-10.

Guest rooms are equipped with flat screen TV's with cable, WiFi, refrigerator, microwave and free long distance.

Attachments & Media

Additional Details

Nearest MSA: Mobile
County: Mobile
Taxing Authority: Mobile County
Tax ID/APN: 00985312
Zoning: B-2
Retail Clientele: General, Family, Traveler, Tourist
Property Located Between: On Matzenger Dr., off Dauphin Island Parkway at I-10, past Steiner St.
Property Visibility: Good
Largest Nearby Street: I-10
Highway Access: On north side of I-10, on west side of Dauphin Island Parkway
Airports: Near Airport at Brookley
Site Description: Port City Inn consists of four buildings, with a total of 141 rooms
Area Description: Site is located north of I-10, on the west side of the intersection of Dauphin Island Parkway and I-10. Additional adjacent land is available along north side of I-10.
Nearby Attractions: Property is located west of the Airbus facility at Brookley Aeroplex, and east of McGowin Park
Total Number of Buildings: 4
Number of Stories: 2
Property Condition: Average
Year Built: 1982
Roof Type: Flat
Construction/Siding: Stucco
Average Occupancy Rate: 35
Water Recreation: Outdoor Pool
Exterior Description: Buildings are two-storries and are constructed with wood frame and stucco.
Parking Type: Surface
Parking Description: approx. 250 parking spaces
Sprinklers: None
Laundry: Shared
Heat Type: Electricity
Heat Source: Wall Units
Air Conditioning: Window Unit
Internet Access: Cable
Interior Description: 141 guest rooms, each with one restroom
Zoning Description: B-2
Water Service: Municipal
Sewer Type: Municipal
Easements: Electric Lines, Water Rights, Utilities
Easements Description: Utilities only
Land Ownership: Corporate
Legal Description: Metes & bounds

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,103 65,127 129,257
Median Age: 31.31 34.15 36.34
Households: 2,809 26,291 51,981

Contact

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