Sunset Inn

Description:

PRICE ADJUSTMENT and Assumable 3.75% loan ! Great opportunity for investor. Sunset Inn, independent, exterior corridor hotel in Thomasville AL, being offered for sale. The property sits on a 1 acre parcel on Hwy 43. It is 2 story, with 24 rooms, separate building with office, 2 bedroom apartment, additional 2 bedroom apartment with full kitchen. 6 rooms have access to 4 kitchenettes. 4 of the rooms and 4 kitchenettes are currently used as storage and need updating. The property was built in 1978, updated in 2013. Roof replaced in 2020 with upgraded shingles. Current owner has operated the hotel the past 11 years without significant online presence and no marketing. Multiple opportunities to increase revenue. Currently setup to accept credit cards and cash payments. Thomasville, although a small town has a growing business climate with their main industry drivers being: wood processing plants, metal processing,  piping plants, a revitalized historic downtown and fall hunting season that attracts many regular visitors. The newly initiated Phase I of West Alabama Corridor Project will be a four lane highway connecting Tuscaloosa to Mobile AL, via Thomasville. This is a great opportunity for new owner to be a part of a growing business community. 


- On Hwy 43 - 90 miles North of Mobile AL - 100 miles West of Montgomery AL - 140 miles SW of Birmingham AL - 97 miles West of Montgomery Regional Airport



On Hwy 43 
20 rentable rooms + 4 rooms need updating 
2 Manager/owner apartments
1 mile from downtown Thomasville 
90 miles from Mobile AL
Hwy 43 Phase 1 extension & 4 lane widening underway, from Tuscaloosa to Thomasville, connecting to Mobile
Growing community 
New roof 2020 
New locks 2021
New LED sign 2024