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Economy Hotel Portfolio–Central Georgia 2 Hospitality Properties Offered at $3,100,000 in Multiple Locations
EXECUTIVE SUMMARY
Avison Young Hospitality Group, as exclusive agent for the Seller, is pleased to present for your consideration the Central Georgia Economy Hotel Portfolio (two properties) consisting of 144 rooms. The Properties are being sold fully unencumbered of management and debt which presents investors the opportunity to acquire a regionally concentrated portfolio with existing in-place cash flow. The properties are located in the Macon and Dublin, Georgia, markets. Both properties are ideally located off major interstates between the Port of Savannah and downtown Atlanta.
Over the last several years as the economy has continued to grow, both labor and materials have reached all-time peaks leading to soaring construction costs for new build projects. Conversely, these properties are being offered at a substantial discount compared to the price to replicate the same assets today, offering a new investor immediate value from day one.
Over the last several years as the economy has continued to grow, both labor and materials have reached all-time peaks leading to soaring construction costs for new build projects. Conversely, these properties are being offered at a substantial discount compared to the price to replicate the same assets today, offering a new investor immediate value from day one.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $3,100,000 | Number of Properties | 2 |
| Price / SF | $56.00 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 55,353 SF |
| Status | Active | Total Land Area | 4.38 AC |
| Price | $3,100,000 |
| Price / SF | $56.00 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 55,353 SF |
| Total Land Area | 4.38 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Economy Hotel Dublin
513 Central Dr, East Dublin, GA 31027 |
Hospitality | 9,280 SF | 1950 | - |
|
Economy Hotel Macon
4295 Pio Nono Ave, Macon-Bibb, GA 31206 |
Hospitality | 46,073 SF | 1973 | - |
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CONTACTS
-
Mihir Chokshi -
Matt Wilkins -
Jeremy Cabe -
Keith Thompson -
Avison Young Hotel Group
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Economy Hotel Portfolio–Central Georgia
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