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Lee Meriwether, CCIM recently completed the sale of a ± 1.38 Acre commercial lot at the corner of Cobbs Ford Road and South Edgewood Drive in Millbrook, AL. The lot was zoned C-2. The sales price was $175,000.00.
Lee Meriwether, CCIM and Nim Frazer, SIOR have sold a ± 1.20 acre lot located on Taylor Road, Montgomery, AL. The Seller was RL REGI II Alabama, LLC. The Buyer is Jong IL Kim. The sales price was $175,000.00 ($3.35/S.F.).
John Stanley, CCIM has represented Sapphire Real Estate, LLC, d/b/a Physicians Choice Dialysis, in the purchase of a ± 1.31 ac. lot located at the corner of Atlanta Hwy. (U.S. 80) and Decker Lane, Montgomery, AL. The Seller was Hammer, LGC, Inc. The sales price was $360,000.00 ($6.31/S.F.).
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).
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).