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516 Springhill Plaza CtMobile, AL 36608
Holiday Inn Express & Suites
Asset ClassHotel & Hospitality
# Keys: 82Year Built: 2004Year Renovated: 2024Access Data Room
Renovated IHG Asset With 10% Rev Growth YTD
overview of deal

Overview

NewGen Advisory presents a 82-key, upper-midscale IHG hotel on the Gulf Coast in Mobile, Alabama. Built in 2004 and fully renovated in 2024, the three-story, interior-corridor Holiday Inn Express & Suites spans 46,226 SF on 2.85 acres and features 600 SF of meeting space, a fitness center, pool, and business center—offering a turnkey acquisition with limited near-term CapEx and strong brand durability.

 

The hotel has demonstrated consistent revenue growth, generating $2.50M in 2023 during renovations, $2.57M in 2024 room revenue, and 2025 total revenue $2,735,270 strengthening demand. Located near the University of South Alabama and USS ALABAMA Battleship Memorial Park, the asset benefits from diversified corporate, leisure, and institutional demand in a growing Gulf Coast market.

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Investment Highlights

  • Fully renovated 82-unit interior corridor hotel
  • $2.50M in 2023 revenue generated during active renovations
  • $2.57M in 2024 room revenue, reflecting post-renovation stabilization
  • $2.735M in 2025, a 7% increase in revenue from 2024
  • Strong operating performance with occupancy exceeding 80% and RevPAR above $90
  • Proximate to major demand drivers including University of South Alabama and USS ALABAMA Battleship Memorial Park
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516 Springhill Plaza CtMobile, AL 36608

Sales Team

Devesh "Devo" RaghaBroker

License #: TX #758386

(806) 584-1454dragha@newgenadv.com
Samuel J. ZalowitzDesignated Broker

License #: AL #000159949

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