Studio 6 Suites Norcross, GA 6650 Bay Cir 123 Room Hotel Peachtree Corners, GA 30071 $6,500,000 ($52,846/Room)

Cushman & Wakefield’s Hospitality Group has been retained to offer for sale the fee simple interest in the 123-room Studio 6 Suites, located in Norcross, Georgia. The property is a recently renovated, partially interior and exterior-corridor, three-story, extended-stay hotel with partial kitchenettes in each room (Refrigerator, microwave, electrical work completed for a burner installation (but no burners installed), and no sink), located directly off of Peachtree Industrial Boulevard and Jones Mill Road, providing excellent accessibility and visibility from one of Norcross’s main thoroughfares that travels through Norcross and the surrounding cities. The hotel was originally built as a Gen-1 Fairfield Inn & Suites with floors one and two being exterior-corridor, and floor three being interior-corridor. Additionally, the property recently underwent extensive renovations bringing the property up-to-date with brand standards. The Studio 6 Suites Norcross offers investors the opportunity to acquire a recently-renovated, 123-room, extended-stay hotel with partial kitchenettes in a growing and desirable market with value-add potential.