Baymont Inn & Suites

100 Pm Watson Lane, Dublin, GA

$2,000,000

Price

3.4%

Cap Rate

13,728 sqft

Building Size

Overview
Cap Rate
3.4%
Building Size
13,728 sqft
Lot Area
1.89 acres
Units
42
Occupancy
70%
Year Built
1997
Zoning
C3
Floors
2
Roof
2020
Description

Baymont Inn & Suites by Wyndham, a 42 room hotel in opportunity zone being offered for sale. Two story exterior corridor property in the heart of Laurens County 100 miles West of Savannah, GA. The property was built in 1997 and formerly a Jameson Inn. Amenities include breakfast area, business center, fitness room, seasonal outdoor pool and RV/trailer parking. The hotel is on a land lease expiring in 2027, with option to extend to 2055. Franchise agreement expires in 2035. Minimal PIP for new owner. Updates in 2020/2021 include new roof, LVP flooring, pool updates, new water heater, interior and exterior paint, 2023 new locks. The area has been experiencing steady growth in various aspects, including population, economy, and infrastructure, some of it linked to Savannah Port expansion, increased container traffic and most recently automotive parts manufacturer expansions. Woory Industrial Co. Ltd, a supplier to Hyundai will be expanding in Dublin, bringing additional economic growth. The property offers great opportunity for growth and profitability. Additionally owner finance will be available to qualified buyer.


Off I-16 located in the regional hub for distribution and logistics centers Located in Opportunity Zone 115 miles West of Savannah 130 miles South East of Atlanta



Opportunity Zone
Off I-16 regional hub for distribution and logistics centers
Located in Opportunity Zone
115 miles West of Savannah
130 miles South East of Atlanta

Location