Marcus & Millichap Sells Mobile Hotel For $4.1M | 1 East Interstate 65 Service Road South | McLean Hicklin, David Altman, Robert Hunter | Hotel | Sale

Summary

Sale

ALABAMA

Hotel

The hotel located at 1 E Interstate 65 Service Rd S in Mobile, AL has been sold for a total price of $4,100,000. The property consists of 73 keys, and the price per key (PPK) works out to be $56,164.

Summary of transaction details

Property Type: Hotel
Transaction Amount: $4,100,000
Address: 1 E Interstate 65 Service Rd S, Mobile, AL
Market: Mobile, AL
Brokers: David J. Altman, Robert S. Hunter & McLean Hicklin - Marcus & Millichap
Keys: 73
Price per Key (PPK): $56,164

David J. Altman, Robert S. Hunter, and McLean Hicklin from Marcus & Millichap represented the parties involved in the deal.

Players

All
4

Agents
3
Agencies
1

McLean Hicklin

Senior Associate

$53.1M Sold

David Altman

First Vice President Investments

$50.8M Sold

Robert Hunter

First Vice President Investments

$146.3M Sold

Marcus & Millichap

Details

Deal Summary

SOLD

IMAGE: David J. Altman, Robert S. Hunter & McLean Hicklin DATE: 11/07/2022 ADDRESS: 1 E Interstate 65 Service Rd S MARKET: Mobile, AL ASSET TYPE: Hotel BROKERS: David J. Altman, Robert S. Hunter & McLean Hicklin - Marcus & Millichap SALE PRICE: $4,100,000 KEYS: 73 ~ PPK: $56,164

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Address1 East Interstate 65 Service Road South

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