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Investment Highlights
- Exceptionally car-friendly location with 24,000± VPD on Riverside Drive
- Proximate to downtown Macon, Mercer University, outdoor recreation & regional attractions
- Amenities include a pool, fitness center, business center & 325± SF meeting space
- Benefits from established franchise branding with potential to rebrand
Executive Summary
The Hilco Global Real Estate Practice announces September 28 as the auction date for the Red Roof Inn & Suites Macon. This 89-room, economy-class, franchise-affiliated hotel sits just off Interstate 75 in the Riverside Plaza submarket of Macon, Georgia. Built in 1974 and renovated in 2018, the six-story, masonry-constructed property sits on a 1.17± AC site and features an outdoor pool, fitness center, business center and 325± SF of meeting space.
The hotel benefits from excellent highway visibility and accessibility, with more than 24,000 vehicles passing daily on Riverside Drive. Positioned between downtown Macon and the Northside business district, the property is near key demand generators including Mercer University, the Tubman Museum, the Museum of Arts and Sciences and Lake Tobesofkee Recreation Area. The Riverside Plaza submarket reported 54.7% occupancy and a $90.09 ADR over the trailing 12 months, making the area ideal for investors looking for economy-grade hotels with strong performances.
The hotel benefits from excellent highway visibility and accessibility, with more than 24,000 vehicles passing daily on Riverside Drive. Positioned between downtown Macon and the Northside business district, the property is near key demand generators including Mercer University, the Tubman Museum, the Museum of Arts and Sciences and Lake Tobesofkee Recreation Area. The Riverside Plaza submarket reported 54.7% occupancy and a $90.09 ADR over the trailing 12 months, making the area ideal for investors looking for economy-grade hotels with strong performances.
Property Facts
| Sale Type | Investment | No. Rooms | 89 |
| Property Type | Hospitality | No. Stories | 6 |
| Property Subtype | Hotel | Year Built/Renovated | 1974/2018 |
| Building Class | C | Parking Ratio | 0.79/1,000 SF |
| Lot Size | 1.17 AC | Corridor | Interior |
| Building Size | 45,728 SF | ||
| Zoning | C-4 | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.17 AC |
| Building Size | 45,728 SF |
| No. Rooms | 89 |
| No. Stories | 6 |
| Year Built/Renovated | 1974/2018 |
| Parking Ratio | 0.79/1,000 SF |
| Corridor | Interior |
| Zoning | C-4 |
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 |
|---|---|---|---|
| Guest Room | 89 | $104.00 | - |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | O054-0185 | Improvements Assessment | $549,930 |
| Land Assessment | $76,093 | Total Assessment | $626,023 |
Property Taxes
Parcel Number
O054-0185
Land Assessment
$76,093
Improvements Assessment
$549,930
Total Assessment
$626,023
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