1069 Stevens Creek Rd | Augusta, GA 30907
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1069 Stevens Creek Rd
Augusta, GA 30907
Sheraton Augusta Hotel · Hospitality Property For Sale · 77,453 SF
Investment Highlights
- Attractive, five-story hotel featuring large guestroom windows and a grand porte cochere, providing an abundance of guest amenities and services.
- Vaired sources of nearby demand including the Masters Tournament at Augusta National, Fort Gordon, Augusta University, and James Brown Arena.
- The demand generators are very much noncyclical allowing the Augusta market to bounce back faster than many larger hotel markets.
- Siginificant discount to replacement cost affording a buyer the opportunity to invest in a premium Marriott-branded, full-service asset.
- The consturction pipeline for hotels in the market is currently dry, increasing pricing power for augusta owners as demand recovers quickly.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 5 |
| Property Subtype | Hotel | Year Built | 2009 |
| Building Class | B | Tenancy | Single |
| Lot Size | 2.49 AC | Parking Ratio | 1.74/1,000 SF |
| Building Size | 77,453 SF | Corridor | Interior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.49 AC |
| Building Size | 77,453 SF |
| No. Stories | 5 |
| Year Built | 2009 |
| Tenancy | Single |
| Parking Ratio | 1.74/1,000 SF |
| Corridor | Interior |
Amenities
- Fitness Center
- Pool
- Restaurant
- Room Service
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
PROPERTY TAXES
| Parcel Number | 0121159000 | Improvements Assessment | $4,326,922 |
| Land Assessment | $260,314 | Total Assessment | $4,587,236 |
PROPERTY TAXES
Parcel Number
0121159000
Land Assessment
$260,314
Improvements Assessment
$4,326,922
Total Assessment
$4,587,236
zoning
| Zoning Code | B-2 (General Business District) |
| B-2 (General Business District) |
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