770-692-1605
30 Mill Rd, Mcdonough, GA for Sale
Hospitality - FOR SALE
1/20
null | Request Cap Rate

30 Mill Rd
Mcdonough, GA 30253


HIGHLIGHTS

  • Complete Change of Ownership PIP completed 2023
  • 85 Non-Smoking Guestrooms
  • Four Story, Interior Corridor
  • 18 miles from Hartsfield-Jackson Atlanta International Airport
  • Near local businesses including The Home Depot, Luxottica, John Deer, Norfolk Southern, BEHR, and others

OVERVIEW

Avison Young, as the sole exclusive agent, is pleased to offer the fee simple interest in the Fairfield Inn & Suites Atlanta McDonough. The property is being offered unencumbered of existing debt and management and provides investors with the opportunity to acquire a quality select service asset in the greater Atlanta area which is fully PIP’d. The Hotel is located off exit 221 on I-75 in McDonough, 26 miles south of downtown Atlanta and 18 miles south of Hartsfield-Jackson Atlanta International Airport. The hotel is situated off Jonesboro Road, which is one of the primary shopping, lodging, and dining thoroughfares in the area and connects I-75 to downtown McDonough. The Fairfield Inn & Suites is performing admirably with an occupancy of 80.4% and ADR over $115 for the month of June 2024. This Hotel will allow a new investor to realize instant yield on day one of their investment while also being able to forecast growth due to the change-of-ownership PIP having been completed.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

85

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fairfield Inn & Suites Atlanta McDonough

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2006

PARKING SPACES

100

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

C-3

APN/PARCEL ID

054--01-027-004

ASK ABOUT THIS PROPERTY

Keith ThompsonAvison Young Hotel GroupMore Info
770-692-1605

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

Keith ThompsonAvison Young Hotel GroupMore Info
770-692-1605

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