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Courtesy Court 2240 Gray Hwy 17 Room Hotel Macon-Bibb, GA 31211 $1,300,000 ($76,471/Room) 9.46% Cap Rate



EXECUTIVE SUMMARY
Courtesy Court Motel in Macon, Georgia, presents a compelling turnkey investment opportunity situated in a high-visibility, high-traffic corridor adjacent to a Wal-Mart Supercenter. Boasting a consistent occupancy rate of approximately 75%, the property delivers stable immediate cash flow while offering significant value-add potential through the adjustment of below-market room rates. Recent major capital expenditures, most notably a complete roof replacement in 2022, ensure the asset is structurally sound, allowing a new investor to focus immediately on revenue optimization and operational growth.
DATA ROOM Click Here to Access
- Operating and Financials
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
ABOUT 2240 GRAY HWY , MACON-BIBB, GA 31211
The generous 11.10-acre lot offers significant potential for a new owner, whether you wish to continue operating the profitable existing motel or explore expansion, build-out, or commercial redevelopment opportunities on the excess land.
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 17 | $40.00 | - |
PROPERTY TAXES
| Parcel Number | S053-0011 | Total Assessment | $266,952 (2025) |
| Land Assessment | $140,270 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $126,682 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
S053-0011
Land Assessment
$140,270 (2025)
Improvements Assessment
$126,682 (2025)
Total Assessment
$266,952 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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Jumbo Hospitality
Courtesy Court | 2240 Gray Hwy
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