5790 Highway 85 - Hospitality FOR SALE
Riverdale, GA 30274 |
5790 Highway 85
Riverdale, GA 30274
HIGHLIGHTS
- 35 individual townhome units currently being operated as a 315-bed extend-stay property comprising of 100,800 square feet.
- Excellent historical cash flows and occupancy genrating approximatel 11% cap rate in 2020 net operating income and a 98% average occupancy.
- Prime opportunity to maintain strong returns while adding additional value and multiple exit strategies with a potential to reposition.
- Located in south metropolitan Atlanta, just five miles to Hartsfield-Jackson International Airport and 12 miles to Downtown Atlanta.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
35
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Pembrooke Townhomes
PROPERTY TYPE
Hospitality
ADD'L SUBTYPES
Apartments
TOTAL BUILDING SIZE
110750
STORIES
2
ROOM ENTRANCE
Exterior
BUILDING CLASS
C
YEAR BUILT
1999
PARKING SPACES
315
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
RM
APN/PARCEL ID
13-0107A-00B-007,13-0107A-00B-012,13-0107A-00B-013,13-0107A-00B-014,13-0107A-00B-015,13-0107A-00B-016,13-0107A-00B-017,13-0107A-00B-018,13-0107A-00B-019,13-0107A-00B-020,13-0107A-00B-021,13-0107A-00B-023,13-0107A-00B-039,13-0107A-00B-040,13-0107A-00B-041,13-0107D-00B-004,13-0107D-00B-005,13-0107D-00B-006,13-0107D-00B-007
