3037 Washington Rd - Hospitality FOR SALE


Augusta, GA 30907
$3,800,000 USD
706-836-9430
3037 Washington Rd, Augusta, GA for Sale
$3,800,000 USD
Hospitality - FOR SALE
1/4
null | 12.24% Cap Rate

3037 Washington Rd
Augusta, GA 30907


HIGHLIGHTS

  • Busy Corridor, Near lots of Restaurants, Bars, Shopping.
  • Interior corridor, Newly Renovated
  • Just minutes away from Fort Gordon, Medical Hospitals, Airport, Augusta Downtown, River Walk, Plant Vogle

OVERVIEW

Prime investment property. Located in Augusta, GA on busy Washington Rd Exit off a I-20. This 58 Room Hotel newly renovated converted to Sonesta Brand. Will be great addition to any portfolio or will be suitable for Owner Operator. This Hotel has great potential with right operation.

FOR SALE DETAILS

PRICE

$3,800,000 USD

PRICE/SF

$133 USD /SF

# OF ROOMS

57

PRICE/ROOM

$66,667 {currency}

CAP RATE

12.24%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sonesta Essential Augusta

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1999

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.96 AC

LAND SF

85,378 SF

ZONING

B-2

APN/PARCEL ID

0110081020

ASK ABOUT THIS PROPERTY

Vishal PatelVishal Development IncMore Info
706-836-9430

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Vishal PatelVishal Development IncMore Info
706-836-9430

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