Holiday Inn Downtown To Be Auctioned
Downtown Mobile Today reports that, according to Ten-X, the Holiday Inn Downtown, located at 301 Government Street, will be up for auction on July 29-31. The starting bid for the property is $4,700,000. Ten-X says, “The Holiday Inn Mobile Downtown Historic District boasts ideal placement as it sits along several Mardi Gras parade routes. The hotel is highly visible and easily accessible to vehicles traveling along [Highway] 98 daily.” According to Downtown Mobile Today, it is also “situated in ideal proximity of demand drivers including [the] Mobile Civic Center, Mobile Carnival Museum, Mobile Convention Center and more.” Twin Hotels LLC sold the hotel to Manhantraj Hospitality LLC for $12,000,000 in 2022.
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