4265 Shirley Dr - Hospitality FOR SALE


Atlanta, GA 30336- West Atlanta
$5,000,000 USD
303-250-8338
4265 Shirley Dr, Atlanta, GA for Sale
$5,000,000 USD
Hospitality - FOR SALE
1/14
null | Request Cap Rate

4265 Shirley Dr
Atlanta, GA 30336
West Atlanta


HIGHLIGHTS

  • The Economy Hotel Atlanta provides a 120-key interior corridor hotel investment delivered unencumbered by debt or management.
  • The property’s fantastic location just off Hwy 70 and I-20 provides impressive daily exposure to more than 170,000 passing vehicles.
  • Located near top employers, the Fulton Airport, and the Six Flags amusement park, the hotel is poised to capture elevated demand for accommodations.
  • The property is well positioned for visitor traffic sitting just 17 miles from Hartsfield-Jackson International Airport and 9 miles from Downtown.

OVERVIEW

Avison Young Hospitality Group, as exclusive agent for the Seller, is pleased to present the Economy Hotel Atlanta, a performing 120-key hospitality investment. The property is being sold fully unencumbered of management and debt and presents investors with the opportunity to acquire an economy hotel with existing in-place cash flow. The Economy Hotel Atlanta comprises a total of 36,576 square feet across three floors with interior corridors. The property was originally built in 1985 and renovated in 2003 and is positioned on a landscaped 3.06-acre lot with a prime location just off the intersection of Highway 70 and Interstate 20 in West Atlanta. This fantastic location affords the property direct brand exposure to more than 170,000 vehicles passing by on these bustling arteries each day. A wealth of nearby attractions and demand drivers delivers an elevated demand for overnight rooms to the area surrounding the Economy Hotel Atlanta. Sitting just 9 miles west of Downtown, the hotel is place near the sprawling UPS SMART Hub facility, the Fulton County Airport, and the Six Flags over Georgia amusement park. More than 35 million visitors flock to Atlanta each year, and the Economy Hotel Atlanta positions investors perfectly to capture their slice of impressive visitor spending that exceeds $11 billion annually.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$137 USD /SF

# OF ROOMS

121

PRICE/ROOM

$41,322 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Economy Hotel Atlanta

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1985

PARKING SPACES

120

LAND DETAILS

LAND ACRES

3.06 AC

LAND SF

133,294 SF

ZONING

M2

APN/PARCEL ID

14F-0052-LL-111-8

ASK ABOUT THIS PROPERTY

Chris KilcullenAvison Young Hotel GroupMore Info
303-250-8338

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Chris KilcullenAvison Young Hotel GroupMore Info
303-250-8338

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