Brewton’s Ramada Inn property sells at auction
Published 8:20 am Wednesday, February 24, 2016
Brewton’s former Ramada Inn sold at auction last week.
The 90-room site was shut down last January by the state fire marshal’s office because of unsafe guest conditions. At the time of the closure, only 10 rooms were available for occupancy because of a leaky roof.
The court-ordered auction was handled by Rowell Auctions.
Sales agent Mark Manley told The Brewton Standard the property sold for $58,300, which included a 10 percent buyer’s premium.
Manley wouldn’t comment on the buyer’s identity, but did say closing is set in approximately 30 days – if not sooner.
“I can tell you that the new owners are really excited about the property,” Manley said. “They do plan to renovate and reopen it as a hotel/conference destination.
“Brewton is a great little town,” he said. “The need for a hotel is one that definitely can be seen.
“While the renovation project is going to be a fairly long one, I think that locals will definitely be pleased when it’s all said and done,” he said.
Manley said the property was not in foreclosure at the time of the sale.