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- LoopNet Team
1205 S Martin Luther King Blvd
Americus, GA 31719
Quality Inn Americus · Hospitality Property For Sale
·
40,659 SF

PROPERTY FACTS
AMENITIES
- Pool
- Restaurant
- Meeting Event Space
ABOUT 1205 S MARTIN LUTHER KING BLVD , AMERICUS, GA 31719
HOTEL IS UNDER CONTRACT Property Tour and Contact Detail Information: Property Inspection Tours will be conducted by appointment only and will be scheduled on November 7th, 8th, or 9th. To schedule a tour, please contact Ford Barton at Lodging Partners at 704-341-8488. Investment Highlights: HOTEL IS UNDER CONTRACT The award winning Hotel contains 96 guestrooms and a 4-unit Managers Apartment - very easy to operate & ideal size for an Owner-Operator. Good location adjacent to the Phoebe Sumter Medical Center and near area businesses, area demand generators, and numerous restaurants. The competitive set has been experiencing solid occupancy and RevPAR growth. The Hotel has a good in-place cash flow with $1,387,000 in revenues in 2016. For the Trailing Twelve months though August 2017, the Hotel's Comp Set increased RevPar by over 7.9%. Attractive value per key well below Replacement Costs with upside potential in top-line growth, expense management, and operational efficiencies. The ideal buyer will be an Owner-Operator who takes the opportunity to continue to drive top line revenue while remaining focused on improving operational efficiencies and achieving stronger bottom-line flow through. Several opportunit Several opportunities are available to potentially increase the bottom-line by repositioning the full-service restaurant. There is potential to significantly reduce the costs of the utilities, insurance, and labor by leasing restaurant to a local operator or converting the facility from a full-service restaurant to a continental breakfast. Investment Overview: Lodging Partners is pleased to offer for sale, in conjunction with Ten-X, the fee simple interest in the sale of the 96-room Quality Inn Americus, GA. The award-winning Quality Inn Americus hotel is located in the charming town of Americus, GA, where an abundance of antebellum and Victorian architecture offer visitors a fanciful journey back in time. Situated just a mile from historic downtown Americus, the hotel is within 10 miles of both the famous Andersonville National Historic Civil War site, which includes the largest POW museum in the US, and the Jimmy Carter National Historic Site in Plains, GA. Local Businesses and Corporations include Cooper Lighting, Georgia Power, International Paper Company, Imerys Refractory Minerals, and the Phoebe Sumter Medical Center, located adjacent to the Hotel. The town also pri
LINKS
PROPERTY TAXES
| Parcel Number | 26-1-1A | Improvements Assessment | $452,600 |
| Land Assessment | $142,840 | Total Assessment | $595,440 |
PROPERTY TAXES
Listing ID: 9454997
Date on Market: 10/5/2017
Last Updated:
Address: 1205 S Martin Luther King Blvd, Americus, GA 31719
