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Executive Summary

This 64-room hotel is strategically positioned along Highway 231, Troy’s primary commercial corridor, the hotel benefits from excellent visibility and steady daily traffic, ensuring consistent exposure and accessibility.
- 64 Total Guest Rooms: Including 3 suite rooms, well-suited for extended stays, business travelers, and families
- Recently Renovated (2023): Updated guest rooms and common areas, offering a modern, move-in-ready hospitality asset with limited near-term capital needs
- Prime Highway 231 Location: Excellent visibility and access along Troy’s primary commercial corridor with strong daily traffic counts
- Minutes from Troy University: Consistent demand from university visitors, sporting events, faculty, and families
- On-Site Manager’s Living Quarters: Dedicated residential space providing operational efficiency and added value for owner-operators
- Offered at $2,190,000: Attractive basis for a stabilized hotel investment in a proven market
- Recognized Hotel Brand: National brand affiliation with Wyndham, providing built-in customer recognition and reservation support
- Turnkey Operation: Ideal for owner-operators or investors seeking a stabilized hospitality asset with upside potential

Property Facts

Price $2,999,665 CAD
Price Per Room $47,614 CAD
Sale Type Investment
Sale Condition Business Value Included
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.19 AC
Building Size 25,080 SF
No. Rooms 63
No. Stories 2
Year Built/Renovated 1986/2023
Parking Ratio 3.15/1,000 SF
Corridor Exterior
Zoning C

Amenities

  • Public Access Wifi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 1 $208.20 CAD -
Guest Room 62 $115.06 CAD -
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 1702-0430070-010000
  • 1703-0540040-020000
Land Assessment
$160,366 CAD
Improvements Assessment
$541,720 CAD
Total Assessment
$702,086 CAD
  • Listing ID: 40252917

  • Date on Market: 2026-04-22

  • Last Updated:

  • Address: 1013 Highway 231 S, Troy, AL 36081

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