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Off Market
1/1

911 E Oglethorpe Blvd
Albany, GA 31705


HIGHLIGHTS

  • Award Winning (Albany City) Hotel with Manager's Apartment
  • 5.4 Acres - Additional Business Potential
  • Profitable; With Huge Potential of Revenue Increase

OVERVIEW

Araamda Inn is an interior corridor concrete structure continuously renovated and maintained property. Award winning hotel from Albany area chamber of Commerce. Within 2 miles of downtown Albany, Albany State University, Flint RiverQuarium, Turtle Grove Park, Ray Charles Plaza, Albany Convention Center and much more. In addition to the hotel, tremendous opportunity exists on this 5.3-acre lot for a strip mall in the existing restaurant building and a brand-new gas station. Total 152 rooms of which 115 are rentable including an on-site manager apartment. Remaining rooms are used as storage for old furniture & fixtures and can be renovated and operationalize with minimum investment. MANAGER'S APARTMENT

FOR SALE DETAILS

PRICE

-

# OF ROOMS

-

CAP RATE

-

STATUS

Converted

BUILDING DETAILS

PROPERTY NAME

ARAAMDA INN

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

Hotel

TOTAL BUILDING SIZE

84031

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1972

PARKING SPACES

318

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C-3

APN/PARCEL ID

000EE-00043-03D