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

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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
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 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
000MM-00004-001
Land Assessment
$41,000
Improvements Assessment
$483,360
Total Assessment
$524,360
  • Listing ID: 38980426

  • Date on Market: 1/6/2026

  • Last Updated:

  • Address: 1201 Schley Ave, Albany, GA 31707

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