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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 | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1973/2018 |
| Building Class | C | Tenancy | Single |
| Lot Size | 6.29 AC | Parking Ratio | 1.31/1,000 SF |
| Building Size | 50,333 SF | Corridor | Exterior |
| Zoning | PBC | ||
| 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
Property Taxes
| Parcel Number | 1102902012A | Improvements Assessment | $535,440 |
| Land Assessment | $316,240 | Total Assessment | $851,680 |
Property Taxes
Parcel Number
1102902012A
Land Assessment
$316,240
Improvements Assessment
$535,440
Total Assessment
$851,680
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