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Investment Highlights

  • Value-add opportunity offered at an extremely attractive basis
  • Situated adjacent to the high-end 1.5M-square-foot Perimeter Mall
  • Strong office market trends, with the Perimeter Center submarket ranking as the second strongest among all Atlanta submarkets
  • Located proximate to a diverse set of demand drivers
  • The Perimeter submarket contains more than 29M square feet of office space and a workforce exceeding 120,000 employees
  • Large-scale mixed-use development projects along with significant redevelopment initiatives are transforming the area

Executive Summary

Hunter Advisors has been exclusively engaged to solicit offers for the purchase of the fee simple interest in the 344-room Atlanta Marriott Perimeter Center (the “Hotel” or “Property”), an institutional-quality, full-service asset located in the heart of Atlanta’s dynamic and established Perimeter Center submarket. This offering presents investors with the opportunity to acquire a Marriott-branded hotel at a fraction of today’s replacement cost. Additionally, through the completion of the change of ownership PIP, coupled with the implementation of a more localized management approach, a new owner will unlock tremendous upside.

Property Facts

Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 11.17 AC
Building Size 232,858 SF
No. Rooms 344
No. Stories 16
Year Built/Renovated 1976/2018
Parking Ratio 1.35/1,000 SF
Corridor Interior
Zoning OI

Amenities

  • Balcony
  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Digital key

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 4 $230.00 -
Guest Room 340 $115.00 -
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100

Sustainability

Energy Star Certified
77
ENERGY STAR certified buildings save energy and help protect the environment.

Sustainability

ENERGY STAR® Energy Star is a program run by the U.S. Environmental Protection Agency (EPA) and U.S. Department of Energy (DOE) that promotes energy efficiency and provides simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state, and local organizations partner with the EPA to deliver cost-saving energy efficiency solutions that protect the climate while improving air quality and protecting public health. The Energy Star score compares a building’s energy performance to similar buildings nationwide and accounts for differences in operating conditions, regional weather data, and other important considerations. Certification is given on an annual basis, so a building must maintain its high performance to be certified year to year. To be eligible for Energy Star certification, a building must earn a score of 75 or higher on EPA’s 1 – 100 scale, indicating that it performs better than at least 75 percent of similar buildings nationwide. This 1 – 100 Energy Star score is based on the actual, measured energy use of a building and is calculated within EPA’s Energy Star Portfolio Manager tool.

Property Taxes

Property Taxes

Parcel Number
18-329-04-006
Land Assessment
$6,955,400
Improvements Assessment
$5,644,600
Total Assessment
$12,600,000
  • Listing ID: 41719506

  • Date on Market: 8/12/2026

  • Last Updated:

  • Address: 246 Perimeter Center Pky NE, Atlanta, GA 30346

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