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.