195 Highway 61 Connector Hwy - Hospitality FOR SALE


Villa Rica, GA 30180
$4,950,000 USD
818-851-3314
195 Highway 61 Connector Hwy, Villa Rica, GA for Sale
$4,950,000 USD
Hospitality - FOR SALE
1/6
null | Request Cap Rate

195 Highway 61 Connector Hwy
Villa Rica, GA 30180


HIGHLIGHTS

  • 61 Room, 3 Story, Interior Corridor Hotel
  • Prime Location Directly on Interstate 20
  • 2023 Room Revenue: $1,049,000, 2024 Total Revenue: $1,057,968
  • Manager's Apartment Available
  • Located Close to Numerous Demand Generators, including Healthcare Centers, Fortune 500 Companies, Higher Education Institutions, and Entertainment
  • Located just 40 Miles from Atlanta International Airport, the Busiest Airport in the World

OVERVIEW

This 61-unit, 3-story interior corridor Super 8 is directly on Interstate 20 just 40 miles from Atlanta International Airport in the Atlanta Metropolitan area in Villa Rica, Georgia. The property has been recently updated and is well-maintained, each room featuring a flat screen TV, free Wi-Fi, a refrigerator, microwave, coffee/tea maker, bathroom, desk and chair. There is a seasonal outdoor pool, business center, laundry facility, onsite vending machines, and a complimentary continental breakfast. The Super 8 is conveniently located right off of Interstate 20 and leads directly into the bustling and centrally located neighborhood of Midtown Atlanta. The hotel is within close proximity to all demand generators including but not limited to higher education institutions, healthcare centers, fortune 500 companies, public sector agencies, entertainment and arts centers, public parks, and more. Major demand generators nearby include the Coca-Cola headquarters and interactive museum which has over 1 million visitors each year, Mercedes-Benz stadium, a 71,000 multipurpose entertainment arena home to 2 major league sports teams (Atlanta Hawks in the NFL and professional soccer club, Atlanta United FC), Dobbins Air Reserve, one of the busiest air reserves in the nation. Atlanta Hartsfield-Jackson International Airport is 36 miles from the property. The Atlanta airport services over 45.3 million passengers on an annual basis and employs over 63,000 people and is the state of Georgia’s largest employer. UPS, Home Depot, and Delta Air Lines are also headquartered in Atlanta Emory University, Georgia Institute of Technology, Savannah College of Arts and Design - Atlanta, Georgia State University, and University of West Georgia are all within a 40-mile radius and have a combined student body of more than 98,000 students. Villa Rica is in the Atlanta Metropolitan area. The Atlanta metro encompasses 29 counties in northwestern Georgia, and is home to over 6.1 million people. Future projections expect the population to increase by 280,000 over the next five years. Atlanta has the 11th largest economy in the United States and the 22nd largest in the world. In addition to being the capital of Georgia, the Atlanta metro area has the second-largest concentration of Federal agencies, behind Washington, D.C. There are numerous other nearby attractions including multiple golf courses, Pine Mountain Gold Museum, Georgia Aquarium and more.

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$206 USD /SF

# OF ROOMS

61

PRICE/ROOM

$81,148 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Super 8 by Wyndham Villa Rica

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1990

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.15 AC

LAND SF

50,094 SF

ZONING

C3

APN/PARCEL ID

11-100-001-15

ASK ABOUT THIS PROPERTY

Tim TakaoAmber Hotel CompanyMore Info
818-851-3314

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Tim TakaoAmber Hotel CompanyMore Info
818-851-3314

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