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- LoopNet Team
911 E Oglethorpe Blvd
Albany, GA 31705
ARAAMDA INN · Hospitality Property For Sale
·
84,031 SF
INVESTMENT HIGHLIGHTS
- Award Winning (Albany City) Hotel with Manager's Apartment
- Profitable; With Huge Potential of Revenue Increase
- 5.4 Acres - Additional Business Potential
PROPERTY FACTS
AMENITIES
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
ABOUT 911 E OGLETHORPE BLVD , ALBANY, GA 31705
Araamda Inn is an interior corridor concrete structure continuously renovated and maintained property. Award winning hotel from Albany area chamber of Commerce. Within 2 miles of downtown Albany, Albany State University, Flint RiverQuarium, Turtle Grove Park, Ray Charles Plaza, Albany Convention Center and much more. In addition to the hotel, tremendous opportunity exists on this 5.3-acre lot for a strip mall in the existing restaurant building and a brand-new gas station. Total 152 rooms of which 115 are rentable including an on-site manager apartment. Remaining rooms are used as storage for old furniture & fixtures and can be renovated and operationalize with minimum investment. MANAGER'S APARTMENT
PROPERTY TAXES
| Parcel Number | 000EE-00043-03D | Improvements Assessment | $298,840 |
| Land Assessment | $161,160 | Total Assessment | $460,000 |
PROPERTY TAXES
