RevereCRE

Courtyard Mobile

1000 West Interstate 65 Service Rd S, Mobile, AL 36609, United States

Courtyard Mobile

HREC Investment Advisors (“HREC IA”) has been retained to exclusively market the extensively renovated 78-room Courtyard Mobile (“Hotel” or “Property”), situated at 1000 West Interstate 65 Service Rd S, Mobile, AL 36609.

Access Data Room
# Keys
78 Keys
Year Built
1994
Square Feet
44.63 K Sq. Ft.

Revere is an invite-only digital network for commercial real estate professionals looking to buy or sell a building, finance a project, and expand their network.

Connect with 500+ development firms today

Michael Salloway
HRECmsalloway@hrec.com

Employment

  • HREC Investment Advisors - Atlanta, Georiga - May 2020 to present - Vice President
  • Bull Realty - Atlanta, Georgia - 2017 to 2020 -  Vice President, Hospitality Group
  • Wakefield Talabisco International - New York, New York - 2002 to 2017 - Office Manager/Chief of Staff
  • PROMED Personnel Services - New York, New York - 2006 to 2007 - Senior Account Manager Managed/Maintained existing client relationships Established new client relationships through cold calling and networking meetings Recruited qualified candidates for clients

Education

Cornell University: Certificate, Hotel Real Estate Investments and Asset Management

The University of Alabama, 1997 - 2001: Bachelor's Degree, Healthcare Management

HREC

Owner Profile

HREC® - Hospitality Real Estate Counselors® is the nation's premier real estate advisory and brokerage organization specializing exclusively in the lodging and gaming industries.  Founded in 1994 by Michael Cahill, HREC® is actively involved in providing investment banking and consulting services throughout North America.

Investment Highlights
Square Feet
44.63 K Sq. Ft.
# Keys
78 Keys
Year Built
1994
Property Type
Hotel & Hospitality
Deal Type
Acquisition
Risk Profile
CoreCore Plus

EXECUTIVE SUMMARY:

The Courtyard Mobile is a 78-guest room, 3-story hotel located in the city of Mobile, Alabama. This Hotel has come off a PIP involving interior and exterior portions of the hotel in late 2022. The Courtyard Mobile has also received a new 15-Year license effective September of 2022. Visible from Interstate-10, located in the shopping district of Mobile with dense retail and residential developments, and proximate to healthcare and higher education, this Offering is able to capture significant room night demand.

 

The City of Mobile is known for being home to the original Mardi Gras celebration which draws approximately one million people annually over the two-week period. The Hotel is proximate to the Port of Mobile, University of South Alabama, and Providence Hospital.