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Kings Inn 1201 Schley Ave 119 Room Hotel Albany, GA 31707 $3,000,000 ($25,210/Room)

INVESTMENT HIGHLIGHTS
- Operating 119-unit motel with strong visibility and access
- Two parcels totaling 8.88 acres in a high-traffic corridor
- Close to dining, retail, and major traffic generators
EXECUTIVE SUMMARY
Located directly off Highway 82, Kings Inn presents a rare opportunity to acquire a large, well-positioned hospitality asset with significant upside and expansion potential. This offering includes two separate parcels totaling 8.88 acres, combining an operating motel with additional development-ready land in a highly desirable commercial corridor. Parcel 1 consists of the Kings Inn motel situated on 4.1 acres, featuring 119 units across five buildings. The property benefits from excellent highway visibility, strong accessibility, and close proximity to a wide range of surrounding amenities, including dining, retail, and major traffic generators. Zoned C-3, this parcel allows for a broad range of uses including hotels/motels, most residential types (excluding mobile homes), day care facilities, retail sales, retail storage, and eating/drinking establishments. Parcel 2 includes an additional 4.78 acres of wooded land, offering a blank slate for future development. Zoned M-1, this parcel supports a variety of commercial uses such as day cares, retail sales, retail storage, and eating/drinking establishments, making it ideal for complementary development or a standalone project. This combined offering provides multiple paths for investors, owner-operators, and developers—whether stabilizing and enhancing the existing motel operation, redeveloping portions of the site, or capitalizing on the flexible zoning and excess land for new construction. With strong frontage near Highway 82, favorable zoning, and expansion potential, Kings Inn represents a compelling investment opportunity in a growing and amenity-rich location.
PROPERTY FACTS
| Price | $3,000,000 | Lot Size | 8.80 AC |
| Price Per Room | $25,210 | Building Size | 38,832 SF |
| Sale Type | Investment | No. Rooms | 119 |
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built | 1987 |
| Building Class | C | Corridor | Exterior |
| Zoning | C3 | ||
| Price | $3,000,000 |
| Price Per Room | $25,210 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 8.80 AC |
| Building Size | 38,832 SF |
| No. Rooms | 119 |
| No. Stories | 1 |
| Year Built | 1987 |
| Corridor | Exterior |
| Zoning | C3 |
AMENITIES
- Pool
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 119 | $46.00 | - |
1 1
PROPERTY TAXES
| Parcel Number | 000MM-00004-001 | Improvements Assessment | $483,360 |
| Land Assessment | $41,000 | Total Assessment | $524,360 |
PROPERTY TAXES
Parcel Number
000MM-00004-001
Land Assessment
$41,000
Improvements Assessment
$483,360
Total Assessment
$524,360
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Presented by
Dove Realty, Inc.
Kings Inn | 1201 Schley Ave
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