4979 Old National Hwy - Hospitality FOR SALE


Atlanta, GA 30349- South Fulton
$6,000,000 USD
786-772-0719
4979 Old National Hwy, Atlanta, GA for Sale
$6,000,000 USD
Hospitality - FOR SALE
1/7
null | Request Cap Rate

4979 Old National Hwy
Atlanta, GA 30349
South Fulton


HIGHLIGHTS

  • Prime Location: Centrally positioned directly off Interstate 85 and 285, ensuring excellent accessibility.
  • Proximity to Major Airport: Just 2 miles from Hartsfield-Jackson Atlanta International Airport, the world’s busiest airport.
  • Significant Recent Renovations: Over $1.2 million invested in 2023 & 2024, covering major capital expenditures, bathrooms, FF&E, and lobby upgrades.
  • No Additional Renovation Costs: Little to no PIP required for new ownership, reducing upfront investment.
  • Additional On-Site Housing: Includes a manager’s apartment, adding operational convenience.
  • Expansion Potential: Opportunity to add two additional rooms to the Wyndham system, currently used by employees.

OVERVIEW

The Kabani Hotel Group, as the exclusive representative of the seller, is pleased to present the Super 8 by Wyndham Atlanta Airport for sale. This 3-story, 83-room exterior corridor hotel sits on a 2.29-acre lot, strategically positioned directly off Interstate 85 & Interstate 285, just 2 miles from Hartsfield-Jackson Atlanta International Airport—the busiest airport in the world. Recently renovated in 2023/2024 with the modern Super 8 Innov8te Package, the property requires minimal to no additional Property Improvement Plan (PIP) expenditures, allowing for a seamless transition to new ownership. Furthermore, there is substantial upside potential in management, as a more hands-on approach could optimize operational efficiencies and maximize revenue growth. This offering represents a compelling investment opportunity in a high-demand market with strong long-term potential.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$172 USD /SF

# OF ROOMS

83

PRICE/ROOM

$72,289 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Super 8 by Wyndham Atlanta/Hartsfield Jackson

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1974

PARKING SPACES

76

LAND DETAILS

LAND ACRES

2.51 AC

LAND SF

109,176 SF

ZONING

C2

APN/PARCEL ID

13-0061-LL-183-4

ASK ABOUT THIS PROPERTY

Lucas MondinoKabani Hotel Group Inc.More Info
786-772-0719

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Lucas MondinoKabani Hotel Group Inc.More Info
786-772-0719

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