Historical Hotel & Motel Sale Listing - Comfort Suites Atlanta Airport

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Comfort Suites Atlanta Airport

5087 Clark Howell Highway, Atlanta, GA 30349

N/A

81 Rooms | Hotel & Motel

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Hotel / Motel - Off Market

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

Utilities

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.

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.

Map of 5087 Clark Howell Highway, Atlanta, GA 30349

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Created 1/28/2011