602-997-3817
2061 N Druid Hills Rd NE, Atlanta, GA for Sale
Hospitality - FOR SALE
1/4
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2061 N Druid Hills Rd NE
Atlanta, GA 30329
Pine Hills


HIGHLIGHTS

  • This former DoubleTree Hotel offers a vibrant hospitality investment with significant potential for brand conversion or multifamily adaptive reuse.
  • Placed within a mile of the new Arthur M. Blank Hospital, and close to Midtown and the booming Buckhead business sector (130,900 employees).
  • Delivered unencumbered of Franchise and Management, the hotel provides a versatile blank canvas for a new operator to reinvent the business.
  • Hotel’s prime location is within 3.3 miles of Emory University, the CDC, and Oglethorpe University.

OVERVIEW

Berkadia Hotels & Hospitality is pleased to offer for sale the fee simple interest in the Former DoubleTree Atlanta North Druid Hills-Emory Area at 2061 N Druid Hills Road (the ‘Property’ or ‘Hotel’), located at the major intersection of Interstate 85 and N Druid Hills Road. Spanning a total of 117,668 square feet across nine stories, the hotel features 209 rooms, a restaurant open for breakfast and dinner, a bar, an outdoor pool, a fitness center, a business center, a market shop, and 2,933 square feet of meeting space. The property also provides significant opportunity for an adaptive reuse project creating new multifamily housing in this high-demand hub. The Hotel is ideally located within a mile from the new, 19-story, 2 million-square-foot Arthur M. Blank Hospital, the centerpiece of Children’s Healthcare of Atlanta North Druid Hills Campus. The Former Doubletree is also within 3.3 miles of Emory University, the CDC, and Oglethorpe University. Furthermore, guests have easy access to Midtown and Buckhead, both are within 5.5 miles of the Property.

FOR SALE DETAILS

PRICE

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# OF ROOMS

209

CAP RATE

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TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Former DoubleTree Atlanta North Druid Hills

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

9

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1970

PARKING SPACES

140

LAND DETAILS

LAND ACRES

2.16 AC

LAND SF

94,090 SF

ZONING

M

APN/PARCEL ID

18-156-04-004

ASK ABOUT THIS PROPERTY

Larissa IsenbergBerkadia Real Estate AdvisorsMore Info
602-997-3817

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Larissa IsenbergBerkadia Real Estate AdvisorsMore Info
602-997-3817

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