Previously Wyndham Garden, The Hotel got converted to Ramada Plaza Atlanta Airport since December 29th 2015. Several Upscale Brand Conversion Available . Offered Well Below Replacement.
232 Rooms Indoor Corridor Full Service Hotel, operating as Ramada Plaza Hotel, Atlanta International Airport. The Hotel is adjacent to two major highways,I-85 and I-285,and sits adjacent to from the World's Busiest Airport Hartsfield Jackson ,and only minutes from Downtown Atlanta.High barriers-to-entry .Being offered at a significant discount to replacement cost.Opportunity to enter one of the most prominent and well recognized markets of Atlanta being adjacent to the world' s busiest airport .The Hotel got converted to Ramada Plaza Atlanta Airport since December 29th 2015.Exceptional opportunity with aggressive marketing plan and strong management will further increase profitability and drive market share.In corner of two major highways, I-85 and I-285, less than two miles from Hartsfield Jackson International Airport,and only minutes from Downtown Atlanta.
The location of the Hotel is central in the Atlanta Metropolitan area with close proximity including the Georgia International Convention Center and the attractions of Downtown Atlanta including the World of Coca Cola and the Georgia Aquarium.The Hotel got converted to Ramada Plaza Atlanta Airport since December 29th 2015. Several Upscale Brand Conversion Available . Offered Well Below Replacement .
The Property is ideally located in the one of largest MSA in the country, minutes of the world’s busiest airport, Hartsfield-Jackson Atlanta International Airport and directly adjacent to Interstate-285 / Interstate 85 , providing high visibility and easy accessibility for the Property. A major runway expansion project, which includes the addition of a 6th runway, is in the first phases of construction at the Airport. The location of this 6th runway will require the taking of all of the hotels along Sullivan Road on the south side of the Airport, including hotels currently in the Property's comp set the large full-service Marriott , Westin Sheraton Full Service,including limited service Hotels including Holiday Inn, Hyatt Place, Fairfield , Courtyard and Comfort Inn , a total of approximately 3,000 rooms. When all of these hotels are demolished, which will likely occur sometime in the next few years, the performance of the Hotel will also have impact.
The new Airport Rental Car Center, the Georgia International Gateway Convention Center, the city of College Park and it’s numerous restaurants and the College Park MARTA station (providing quick and affordable rail service into Downtown, Midtown, Buckhead and the Central Perimeter markets) , all located within close proximate of the Hotel. Additionally, the proposed Atlanta Aerotropolis Development is expected to break ground in late 2018 along Camp Creek Parkway directly across from the Georgia International Gateway Convention Center. This major mixed use development, named “Airport City”, is estimated to cost upwards of $3.5 - $4 billion and will certainly become another major source of demand for the Hotel.
The Property is being offered for sale unencumbered by management. The new ownership should expect increased Hotel performance from Change of Brand and Renovations and as well as major economic developments in the immediate area. With expected increase in demand to the area and an overall reduction of supply, a new owner should be able to drive higher RevPAR and significantly increase cash flow to the bottom line.
