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.