Description

This property is currently a RodeWay Inn. Priced at less than $21,000 per room, this former Quality Inn, a Choice Hotels International brand in Sept, 2006, with all Property Improvement Plan completed by seller.

Priced at $3.25 million, this hotel has a potential cap rate of 18.93%!! This figure is based off 2005, 2006, and 2007 numbers when it was a Quality Inn.

The property is currently running with out a Flag and still has lots of existing customers! The Flag however can be changed to a Ramada Inn, back to a Quality Inn, or another flag of the buyers' choice, but will require additional investment. Additionally, the seller is willing to manage the property for the buyer.

The RodeWay Inn Six Flags is conveniently located less than
25 miles from the Hartsfield International Airport, less than
one mile form Six Flags Over Georgia, and only eight miles
from downtown Atlanta. Downtown Atlanta offers guests
with a great variety of restaurants, bars, and lounges at any
price or atmosphere. There is also an abundance of stores
and boutiques for shopping in downtown Atlanta. Numerous
business and recreational opportunities come with staying at
this Atlanta hotel. The Georgia World Congress Center, the
CNN Center and the Atlanta Zoo are close to the hotel.
Other popular attractions include the World of Coca-Cola,
Georgia Aquarium, Turner Field, White Water Park,
Lake Lanier, the King Center, Fox Theater, and many more!