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This Hospitality Property is no longer advertised on LoopNet.com.

3 Gateway Blvd S
Savannah, GA 31419
OneWay Savannah · Hospitality Property For Sale · 50,333 SF

INVESTMENT HIGHLIGHTS

  • Offered at Approximately a 2.92x Room Revenue Multiplier (YE 2019)
  • Significant Upside Due to Absentee Ownership
  • $735,000+/- in Recent Renovations
  • Situated Directly Off of Interstate 95
  • Cap Rate of 10.27% (YE 2019)
  • Perkins Restaurant & Bakery NN Lease - Included in the Sale

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 6.29 AC
Building Size 50,333 SF
No. Stories 2
Year Built/Renovated 1973/2018
Tenancy Single
Parking Ratio 1.31/1,000 SF
Corridor Exterior
Zoning PBC

AMENITIES

  • Restaurant
  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free
  • Listing ID: 21776533

  • Date on Market: 12/16/2020

  • Last Updated:

  • Address: 3 Gateway Blvd S, Savannah, GA 31419

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