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Heritage Inn 2474 N Columbia St 49 Room Hotel Milledgeville, GA 31061 $2,150,000 ($43,878/Room)
INVESTMENT HIGHLIGHTS
- Georgia college
- Local Georgia Power Plant
- Located on Main Street in Milledgeville
EXECUTIVE SUMMARY
Absentee Owner. Great Owner operator hotel. This property has 49 rooms. Includes an owners 1 bedroom suite. Many franchise flags available or simply keep it independent.
Our spacious guest rooms feature all the comforts of home including free wireless high-speed Internet access, flat screen cable TV, microwave, mini-fridge, work desk with lamp, table with chairs and free local call access. We also offer handicap accessible and non-smoking rooms.
All exterior was painted in 2023 along with interior paint and hardwood floors on lower level.
Please do not visit property without contacting first.
No owner financing and No Brokers.
Our spacious guest rooms feature all the comforts of home including free wireless high-speed Internet access, flat screen cable TV, microwave, mini-fridge, work desk with lamp, table with chairs and free local call access. We also offer handicap accessible and non-smoking rooms.
All exterior was painted in 2023 along with interior paint and hardwood floors on lower level.
Please do not visit property without contacting first.
No owner financing and No Brokers.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $2,150,000 | Lot Size | 1.03 AC |
| Price Per Room | $43,878 | Building Size | 18,480 SF |
| Sale Type | Investment | No. Rooms | 49 |
| Sale Condition | Business Value Included | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1980/2023 |
| Property Subtype | Hotel | Parking Ratio | 2.27/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Zoning | 001 | ||
| Price | $2,150,000 |
| Price Per Room | $43,878 |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.03 AC |
| Building Size | 18,480 SF |
| No. Rooms | 49 |
| No. Stories | 2 |
| Year Built/Renovated | 1980/2023 |
| Parking Ratio | 2.27/1,000 SF |
| Corridor | Exterior |
| Zoning | 001 |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
ABOUT 2474 N COLUMBIA ST , MILLEDGEVILLE, GA 31061
Solid concrete building with metal roof
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 1 | $60.00 | - |
| Guest Room | 48 | $50.00 | - |
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PROPERTY TAXES
| Parcel Number | M51-041 | Total Assessment | $394,426 |
| Land Assessment | $172,200 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $222,226 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
M51-041
Land Assessment
$172,200
Improvements Assessment
$222,226
Total Assessment
$394,426
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Heritage Inn
Heritage Inn | 2474 N Columbia St
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