Property Listing No Longer Available for Sale

College Avenue, Auburn, AL

Motel for Sale - $5,350,000


Property Info

CIMLS#1174
Location
  College Avenue
  Auburn AL 36832
UpdatedJuly 11th, 2005
TypeMotel
Price$5,350,000

Property Description

129 room three story interior corridor Hampton Inn. Brick exterior, full seamless metal roof.

Located at primary interstate exit into Auburn University.


Financials

Dividends of 8%, paid monthly.

Assumable NON-RECOURSE loan for $3,800,000. Complete financials upon request. Pro-rata partnership ownership available.

Hilton approved management company in place.