3480 Welcome All Road SW, Atlanta, Ga 30331 United States

Overview

Cap Rate

NOI

$860,000

Lot Area

3.75 acres

Keys

ADR

$65

Average Room Size

340 sqft

Year Built

2020

Management

Unencumbered

Floors

Parking Spots

100

Number of Elevators

Investment Strategy

Core Plus

Offered by Principal

John Jacobson

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Description

The Hotel at 3480 Welcome All Rd in Atlanta Ga has an excellent location just outside Interstate 285 off Campcreek Pkwy. It has 94 guest rooms. It is a 3 story building with interior corridors.

The property opened in aug 2020. The hotel has a guest laundry, a fitness centre, a Business Center, and vending,

Please see our Executive Summary for more details

Highlights

The Hotel opened in August of 2020 and would require little if any renovation.
It would be easily convertible to several name extended stay brands.
The cap rate of 8 is in line with typical hotel transactions in Atlanta
The property has been running an occupancy in the 85% + range

Documents

	Title
	Executive_Summary_Atlanta_Airport_2.doc
	Atlanta_-_EBITDA_Dec_2022_to_Nov_2023.pdf
	Atlanta_-_Occupancy_Report_2023.pdf

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Savannah Suites Extended Stay Hotel