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SOLD - HOTEL, MONTGOMERY, AL. SEPTEMBER 1, 2017

John Stanley, CCIM has represented Trinity Hotels, LLC in the sale of the 101 room Candlewood Suites located at 9151 Boyd Cooper Parkway. The name of the Buyer is undisclosed. The sales price was $7,100,000.00 ($70,300/room).

SOLD - HOTEL, MONTGOMERY, AL. SEPTEMBER 1, 2017

John Stanley, CCIM has represented Boyd Enterprises, LLC in the sale of the 106 room Holiday Inn Express located at 9250 Boyd Cooper Parkway. The name of the Buyer is undisclosed. The sales price was $10,000,000.00 ($94,340/room).

SOLD - FORMER RESTAURANT PROPERTY, PRATTVILLE, AL. AUGUST 31, 2017

John Stanley, CCIM has represented Kaiya 003, LLC in the purchase of the former Ruby Tuesday property located at 789 Business Park Dr., Prattville, AL. The building is 3,491 S.F. and the lot is 1.26 acres. The Buyer plans to remodel the building for use as another national chain restaurant. The Seller was Ruby Tuesday, Inc. The sales price was $825,000.00 ($236.32/S.F.).

SOLD - ± 1.30 AC. LOT, EASTCHASE PARKWAY, MONTGOMERY, AL. JULY 17, 2017

John Stanley, CCIM has represented Milo’s RE II – Montgomery Eastchase, LLC in the sale of a ± 1.30 acre lot located at 8739 Eastchase Parkway, Montgomery, AL.   The usable S.F. of the lot is 43,107 S.F.  The Buyer is DLC Properties, LLC.  The sales price was $560,000.00 ($13.00/usable S.F.).


SOLD - ±1.02 AC. COMMERCIAL LOT, PRATTVILLE, AL. JULY 10, 2017

Lee Meriwether, CCIM has represented Horace W. Powell in the sale of a ± 1.02 acre commercial lot (Lot A) located in Prattville Business Park.  The name of the Buyer is Trampoline, LLC.  The Lot was Zoned B-2 and the sales price was $177,724.80 ($4.00/S.F.).