115 Chapman Rd - Hospitality FOR SALE


Byron, GA 31008
$2,950,000 USD
239-821-3178
115 Chapman Rd, Byron, GA for Sale
$2,950,000 USD
Hospitality - FOR SALE
1/14
null | Request Cap Rate

115 Chapman Rd
Byron, GA 31008


HIGHLIGHTS

  • 60 Rooms
  • Exterior Corridor
  • 85 Miles South of Atlanta
  • Off I-75 with high visibility
  • Meticulously maintained
  • Great potential for revenue growth

OVERVIEW

Increasing revenue in 2024. Quality Inn, Byron GA a Choice Franchise Hotel being offered for sale. High visibility on the NW side of exit 149, on I-75 and GA-49. The hotel was formerly a Comfort Inn. The property is two story, exterior corridor, with 60 rooms, large lobby & breakfast area, separate enclosed pool structure and ample parking for trucks and buses. It was built in 1995 and has been meticulously maintained by the owners. It continuously ranks high in QI inspections, with several awards. Some of the recently updated items include: new LVP flooring in lobby, front desk, exterior digital sign with new QI logo, locks, furniture, carpet, fiber optics, parking lot. Additional land, currently used as open space could be used for recreational or additional parking. The hotel is currently owner operated. The owners have chosen to offer daily rates only. The property has great potential for revenue increase. No PIP items currently due to owner. Byron is centrally located and predicted to grow at a higher than US average ratio in the coming 10 years, due county and accelerated state economic growth.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$123 USD /SF

# OF ROOMS

60

PRICE/ROOM

$49,167 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Quality Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1995

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.72 AC

LAND SF

74,923 SF

ZONING

30

APN/PARCEL ID

055D-045

ASK ABOUT THIS PROPERTY

Charlotte JonesKW CommercialMore Info
239-821-3178

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Charlotte JonesKW CommercialMore Info
239-821-3178

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.