This Hotel & Motel Property is Off-Market.

5087 Clark Howell Highway
Atlanta, GA 30349 ·

81 Rooms · Hotel & Motel For Sale

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Comfort Suites Atlanta Airport

Price N/A Commission Split 1.5%
No. Rooms 81 Cap Rate 9.60%
Building Size 62,000 SF Year Built 2009
Property Type Hotel & Motel Corridor Interior
Property Sub-type Economy/Limited Service Lot Size 1.78 AC
Property Use Type Investment APN / Parcel ID 13054C
Listing ID: 17000724 Date Created: 01/28/2011 Last Updated: 09/26/2013

Description

The new 81 unit Comfort Suites hotel is well located to Hartsfield-Jackson Airport, Atlanta area demand generators and attractions. The property opened in May 2009 with a steady ramp up, performing under market in occupancy, but above market in ADR and RevPar. This newly built hotel is situated on a 1.78+/- acre site with guest suites configured in King, Double Queen and ADA Suites. This 100% smoke free property features a meeting room, indoor pool, fitness room, business center and restaurant facility.

Well located with easy access to I-75 and I-285 the hotel is located just adjacent to Atlanta-Hartsfield international terminal expansion and within minutes to the Georgia Dome, Georgia Convention Center and Turner Field. The area consists of commercial/industrial facilities, restaurants and older hotel facilities servicing the airport market.

Highlights

  • 81 Unit All Suites Interior Corridor Hotel
  • Profitable Rooftop Restaurant and Lounge
  • Closest Hotel to New ATL Int'l Airport Terminal
  • Offered 10% Actual Cap Rate
  • $5.6m Assumable SBA Loan with 1% fee.

Research

5087 Clark Howell Highway, Atlanta, GA 30349 (Fulton County)

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