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Property Detail

301 Government St, Mobile, AL 36602, USA
Hotel is highly visible & easily accessible to over 21,000 vehicles traveling along US Hwy 98 daily

$Unpriced

Description

INVESTMENT HIGHLIGHTS

  • The Holiday Inn Mobile Downtown Historic District boasts ideal placement as it sits along several Mardi Gras parade routes.
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  • Offered fee simple and unencumbered by management with immense value-add potential to increase cash flow and maintain occupancy.
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  • Within Mobile’s Central Business District and surrounded by local pubs and national eateries, including McDonald’s, Burger King, Popeyes, and more.
  • The hotel is highly visible and easily accessible to over 21,000 vehicles traveling along US Hwy 98 daily.
  •  
  • The Holiday Inn Mobile Downtown Historic District boasts ideal placement and accessibility to over 21,000 vehicles traveling along US Hwy 98 daily..
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  • Situated in ideal proximity of demand driver drivers, including Mobile Civic Center, Mobile Carnival Museum, Mobile Convention Center, and more.

EXECUTIVE SUMMARY

301 Government Street is a 206-room Holiday Inn interior corridor hotel, boasting US Highway 90 (Government Street) frontage, and affording Central Business District placement. The hotel encompasses 128,100 square feet and sits on a 1.68-acre parcel of commercial land that offers accessibility to US Highways 98 &90, and multiple on-ramps for I-10. The Holiday Inn Mobile Downtown Historic District offers its guests 60 surface parking spaces and lies adjacent to a public parking garage. The hotel also benefits immensely from its proximity to the Mobile Civic Center (5-minute walk), the Mobile International Airport (8-minute drive), and a variety of tourist attractions and hospitality demand drivers. Visitors of the Holiday Inn Mobile Downtown Historic District are within walking distance of the Alabama Contemporary Art Center, Mobile Carnival Museum, Spanish Plaza Park, Mardi Gras Park, Saenger Theater, Mobile History Museum, and so much more.

Mobile lies along the western shore of the Mobile Bay and is the county seat of Mobile County, AL. The greater Mobile MSA is home to over 660,000 residents and has experienced vast population expansions over the last decade. Between 2010 and 2023, the Mobile MSA experienced a population increase of 11.7%, well above the national average. The city is also home to the Port of Mobile, a major economic hub, and the region’s only saltwater port. Economic success and population expansion have quickly contributed to the city’s reputation as one of the region’s booming cultural epicenters. Each year Mobile celebrates its "Carnival Season", a month-long celebration beginning in early February that welcomes nearly 1 million tourists throughout the month. As Mobile continues to garner name recognition and remains an economic hotspot within the Gulf Shores, many visitors from all walks of life will continue to flock to "The Port City".
Listed by Brian Brockman, Bang Realty, AL License # 119315
 
 

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

ROOM MIX INFORMATION

DESCRIPTIONNO. ROOMSDAILY RATESF
Suite2$202.00-
Guest Room204$157.00

 

ABOUT MOBILE

Mobile is a coastal town in southern Alabama that is famous for having the oldest organized Mardi Gras celebrations in the U.S., documented in the Mobile Carnival Museum within the historic Bernstein-Bush mansion. The unique culinary scene, historic architecture, and family-friendly attractions—such as the Exploreum Science Center and Mobile Museum of Art—make Mobile a popular regional destination.

Visitors love to explore the city’s rich naval history at popular attractions such as the USS Alabama Battleship Memorial and the GulfQuest National Maritime Museum of the Gulf of Mexico. The Port of Mobile, Alabama’s only saltwater and deep-water port, is a key economic driver of the city. It has undergone a significant expansion in recent years and is now the 12th largest port in the U.S.

Additional lodging demand generators include the University of South Alabama, with over 15,000 students; medical centers such as Providence Hospital, Franklin Primary Health Center, Springhill Medical Center; and the Mobile Aeroplex at Brookley, home to over 70 industrial and transportation companies including Airbus, Continental Motors, and ST Aerospace Mobile.

Mobile is easily accessible via interstates 10 and 65, as well as U.S. Route 98, which runs along the Gulf Coast. The Mobile Regional Airport (MOB) provides daily nonstop access to major markets in the South, including Atlanta, Dallas, Houston, and Charlotte.

 

Ryan Scarpulla

+1 480-566-0087

Specification

General

  • 128100
  • 1.6800
  • Investment
  • T5.2 (Mixed-Use of Medium Intensity)
  • 1988
  • 2024
  • 206

Hospitality

Holiday Inn Mobile Downtown Historic District Auction june 24th-26th 2024

Listing ID : 00410

SKU: 410

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