Interior Corridor Branded Hotel in Metro-Atlanta for $8.1M!
Listing was updated at: 04/01/2019
Property Overview
Price/Rent PSF $ 8,100,000.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available 1
Date Available 04/01/2019
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Seller has requested that we do not disclose the property address, not even the suburb nor the brand name until we obtain proof of funds. Please send us proof of funds for at least $1.5M in order for us to share additional information and the address with you. Property Highlights: Metro-Atlanta Property! Located off the interstate I-75; the Georgia-Florida corridor. Rooms: 67 Total Yearly Revenue for 2018: $1.8 Million Asking price: $8.1 Million (4.5 times revenue) Cap Rate: 10% Occupancy rate: 76.22% ADR: $94.93 4-story interior corridor beautiful construction. Built in July of 2016. Amenities include a fitness room, Business center, huge lobby, and breakfast area; large exterior pool, and a large meeting room which includes a projection screen. A must-see property if you are serious about buying!