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Comfort Suites Milledgeville 2621 N Columbia St 48 Room Hotel Milledgeville, GA 31061 $5,200,000 ($108,333/Room)
INVESTMENT HIGHLIGHTS
- Excellent Opportunity For A First-Time Hotel Buyer Or Owner-Operator Having 48 Guest Rooms
- Comfort Suites Is A Highly Desirable Brand By Both Investors And Guests
- Georgia College & State University, Georgia Military College, and Central Georgia Technical College are all within close proximity.
- Conveniently Located Off US-441
- The property Sits on ~2.13 Acres
- Nearby leisure attractions include Lake Sinclair and the vibrant Historic Downtown Milledgeville district.
EXECUTIVE SUMMARY
Cushman & Wakefield’s Hospitality Group has been retained to offer for sale the fee simple interest in the 48-room Comfort Suites, located in Milledgeville, Georgia. The property is a two-story, limited-service hotel ideally positioned along US-441, offering excellent visibility and accessibility to both leisure and business travelers visiting Georgia College & State University, Georgia Military College, Central Georgia Technical College, Lake Sinclair, and downtown Milledgeville, among others. This all-suite hotel caters to the area’s consistent demand drivers while offering potential upside through strategic revenue management and operational efficiencies. The Comfort Suites Milledgeville offers investors the opportunity to acquire a 48-room property in a growing market with value-add potential.
The sellers are encouraging all offers!
The sellers are encouraging all offers!
PROPERTY FACTS
| Price | $5,200,000 | Building Size | 67,190 SF |
| Price Per Room | $108,333 | No. Rooms | 48 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1998/2023 |
| Property Subtype | Hotel | Parking Ratio | 0.8/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 2.13 AC | ||
| Zoning | 001 | ||
| Price | $5,200,000 |
| Price Per Room | $108,333 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.13 AC |
| Building Size | 67,190 SF |
| No. Rooms | 48 |
| No. Stories | 2 |
| Year Built/Renovated | 1998/2023 |
| Parking Ratio | 0.8/1,000 SF |
| Corridor | Interior |
| Zoning | 001 |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 48 | $136.00 | - |
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PROPERTY TAXES
| Parcel Number | M70-039 | Improvements Assessment | $742,732 |
| Land Assessment | $105,692 | Total Assessment | $848,424 |
PROPERTY TAXES
Parcel Number
M70-039
Land Assessment
$105,692
Improvements Assessment
$742,732
Total Assessment
$848,424
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Comfort Suites Milledgeville | 2621 N Columbia St
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