1775 Parkway Pl SE | Marietta, GA 30067
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- LoopNet Team
1775 Parkway Pl SE
Marietta, GA 30067
Marietta Vitality Hotel · Hospitality Property For Sale
·
139,910 SF
INVESTMENT HIGHLIGHTS
- Transformation of the Galleria/Marietta Submarket: Battery Atlanta is a mixed-use development anchored by Truist Park within 5 miles of the Hotel.
- Exceptional Value-Add Potential: The Hotel boasts an excellent location off I-75 in an area with a shortage of quality full service hotels.
- Significant Discount to Replacement Cost: Extremely attractive basis, a new owner has a substantial opportunity to increase the overall return.
- Stable Source of Demand: Benefits from excellent visibility and access from I-75, is in the heart of one of Atlanta’s strongest office markets.
- Unencumbered by Brand, Management, and Debt
- Potential for Tax Credits: Businesses located in Less Developed Census Tracts (LDCTs) and engaged in a variety of industries may be eligible
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 139,910 SF |
| Property Subtype | Hotel | No. Stories | 10 |
| Building Class | B | Year Built/Renovated | 1985/2026 |
| Lot Size | 3.54 AC | Parking Ratio | 1.69/1,000 SF |
| Construction Status | Under Renovation | Corridor | Interior |
| Zoning | OHR | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 3.54 AC |
| Construction Status | Under Renovation |
| Building Size | 139,910 SF |
| No. Stories | 10 |
| Year Built/Renovated | 1985/2026 |
| Parking Ratio | 1.69/1,000 SF |
| Corridor | Interior |
| Zoning | OHR |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Room Service
- On-Site Retail
- High Speed Internet Access
- Patio
- Boutique/Lifestyle Hotel
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Digital key
PROPERTY TAXES
| Parcel Number | 17-0578-0-012-0 | Improvements Assessment | $3,711,564 |
| Land Assessment | $790,436 | Total Assessment | $4,502,000 |
PROPERTY TAXES
Parcel Number
17-0578-0-012-0
Land Assessment
$790,436
Improvements Assessment
$3,711,564
Total Assessment
$4,502,000
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