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Econo Lodge Inn & Suites near Chickamauga 2120 Lafayette Rd 38 Room Hotel Fort Oglethorpe, GA 30742 $1,745,000 ($45,921/Room)
EXECUTIVE SUMMARY
This is the closest hotel to the Chickamauga and Chattanooga National Military Park which welcomes
over 1,000,000 visitors per year.
Advertising can also be classified as South Chattanooga area. Chattanooga is only 3 miles away and 11 miles to downtown Chattanooga
Lake Winnipesauke is located 5 miles away, a mini-Dollywood, with rides and lazy river etc.
This hotel is located just off Hwy 2A, a main thorough fare that has many, many types of franchises and businesses and restaurants.
The Econo Lodge is 5 miles from Interstate 75 to the east and to the west is the gateway to LOOKOUT MTN home of RUBY FALLS and ROCK CITY.
Downtown Chattanooga, is located only 11 minutes away, which has the Incline Railway and the TENNESSEE AQUARIUM.
This quiet location is safe and has 2 manager's Apartments --- great for a family operated property.
over 1,000,000 visitors per year.
Advertising can also be classified as South Chattanooga area. Chattanooga is only 3 miles away and 11 miles to downtown Chattanooga
Lake Winnipesauke is located 5 miles away, a mini-Dollywood, with rides and lazy river etc.
This hotel is located just off Hwy 2A, a main thorough fare that has many, many types of franchises and businesses and restaurants.
The Econo Lodge is 5 miles from Interstate 75 to the east and to the west is the gateway to LOOKOUT MTN home of RUBY FALLS and ROCK CITY.
Downtown Chattanooga, is located only 11 minutes away, which has the Incline Railway and the TENNESSEE AQUARIUM.
This quiet location is safe and has 2 manager's Apartments --- great for a family operated property.
DATA ROOM Click Here to Access
- Operating and Financials
- Third Party Reports
PROPERTY FACTS
| Price | $1,745,000 | Lot Size | 1.37 AC |
| Price Per Room | $45,921 | Building Size | 32,641 SF |
| Sale Type | Investment | No. Rooms | 38 |
| Sale Condition | Business Value Included | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1991/2015 |
| Property Subtype | Hotel | Parking Ratio | 1.44/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Zoning | FOR C-1 - Commercial | ||
| Price | $1,745,000 |
| Price Per Room | $45,921 |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.37 AC |
| Building Size | 32,641 SF |
| No. Rooms | 38 |
| No. Stories | 2 |
| Year Built/Renovated | 1991/2015 |
| Parking Ratio | 1.44/1,000 SF |
| Corridor | Exterior |
| Zoning | FOR C-1 - Commercial |
AMENITIES
- Business Center
- Indoor Pool
- Public Access Wifi
- Smoke Detector
ABOUT 2120 LAFAYETTE RD , FORT OGLETHORPE, GA 30742
30 Rooms, 8 Suites and two managers apartments. -17 King Rooms (including 8 suites and 4 Jacuzzi/jetted tub rooms) -21 Double Queen Rooms. Hotel has a detached covered swimming pool between the two buildings. Building 1: 1978, Building 2: 1991, Entire hotel renovated in 2015. Approximately 225’ FF along the west side of Lafayette Road and 218’ along Old Lafayette Road. WHERE DO YOU FIND A REALLY HOTEL LESS THAN 50 UNITS UNDER $ 2 MILLION DOLLARS
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 8 | $97.00 | - |
| Guest Room | 30 | $97.00 | - |
PROPERTY TAXES
| Parcel Number | 0002F-090 | Improvements Assessment | $536,505 |
| Land Assessment | $47,816 | Total Assessment | $584,321 |
PROPERTY TAXES
Parcel Number
0002F-090
Land Assessment
$47,816
Improvements Assessment
$536,505
Total Assessment
$584,321
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Econo Lodge Inn & Suites near Chickamauga | 2120 Lafayette Rd
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