Economy Hotel Montgomery

Avison Young Hospitality Group, as exclusive agent for the Seller, is pleased to present the Economy Hotel Montgomery, Alabama, with 51 rooms located at 1288 W South Boulevard in Montgomery, AL. The Hotel is being sold fully unencumbered of management and debt and presents investors with the opportunity to acquire the Property with existing in-place cash flow. Over the last several years as the economy has continued to grow, both labor and materials have reached all-time peaks leading to soaring construction costs for new build projects. Conversely, this Hotel is being offered at a substantial discount compared to the price to replicate the same asset today, offering a new investor immediate value from day one.