Holiday Inn Express & Suites Dothan — Sale in Dothan, AL
- Price: Contact for price
- Listing type: For sale
- Asset type: Hospitality Business
- Location: Dothan, AL 36303
- Year built: 2007
Photos
Investment Figures
- Cap rate
- 8.09%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 97-room Holiday Inn Express & Suites located in Dothan, Alabama, a major commercial, medical, and cultural hub in the southeastern portion of the state near the Florida/Georgia borderlines. The hotel is a three-story property built in 2007. Holiday Inn Express & Suites Dothan provides the opportunity for a new owner to acquire a limited-service, core-branded IHG hotel with potential to realize significant RevPAR growth through hands-on management and utilization of the IHG name, reservation system, and loyal base of guests within a market that has seen significant RevPAR growth since April 2025 (see pages 32-35 for mote details). Investment Highlights: • Historically Stable NOI • Competitive Set RevPAR Increased Year-Over-Year • Change-of-Ownership PIP Renovation Scheduled for Fall 2026 Completion • Dothan, AL is a Commercial, Medical, and Cultural Hub for the Wiregrass Region • Proximate to Southeast Health Medical Center, Flowers Hospital, National Peanut Festival Association, Fort Rucker Army Aviation Base, Michelin Dothan Manufacturing, and More
Market Context
This hospitality in Dothan, AL is listed for sale. It is offered at an approximate 8.1% capitalization rate, a key benchmark for income-producing hospitality assets. The building dates to 2007. Compare it against other hospitality listings for sale in Dothan, AL — view the full market.
Contact
- McLean Hicklin · (864) 626-3163 · mclean.hicklin@marcusmillichap.com
- Rob Hunter · (954) 245-3473 · robert.hunter@marcusmillichap.com
- Eddie Greenhalgh · (205) 510-9200
- Peter Fehlman · (469) 364-6540 · pete.fehlman@marcusmillichap.com
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