Gray Motel 112 E Clinton St

The Gray Motel, located in the heart of the rapidly growing city of Gray, Georgia, presents a major opportunity for investment and profit. With occupancy rates currently around 50%, there is significant potential to increase revenue as the city continues to expand. This newly renovated property boasts essential upgrades, including a new roof and a freshly paved parking lot, both completed in 2020, ensuring long-term maintenance savings and a modernized look. The single-story property is highly visible from the main road. Parking is plentiful and easy with spaces right in front of the guest rooms. In addition to the motel's earning potential, the property features a large billboard, which can be leased out for extra income, providing an additional revenue stream to enhance your investment returns. The billboard is highly visible from E Clinton Street which sees lofty vehicle counts per day.

Situated in a prime location, Gray Motel caters to a diverse range of travelers with easy access to local attractions, businesses, and transportation. Gray is located 22 minutes northeast of Downtown Macon, which is easily accessible by way of Route 129. Atlanta is also under two hours away by way of Route 75. This asset is ideally positioned on the East Coast and is the perfect overnight stay for long haul travelers. Nearby are many dining and retail options, from national brands to local establishments. Big names Zaxby’s Chicken Fingers, Taco Bell, McDonald’s, Starbucks, Dairy Queen, Pizza Hut, Walgreens, Waffle House, and Dollar General line Clinton Street. Local businesses include Bent Axle Neighborhood Grille, Jack’s Family Restaurant, Ingles Market, Agave Azul Mexican Restaurant, and several others.

Gray is the perfect place for hospitality investment largely due to its small-town charming feel. A part of the greater Macon Hospitality submarket, average daily rates are on the incline. The greater Macon Hospitality Market is also noteworthy. There are many large companies with significant space in Macon drawing in visitors. GEICO, Kumho Tire, Tyson Foods, Navicent Health Medical Center, and Mercer University, make up a large percentage of the local workforce.

With the current low occupancy rate, there is a fantastic opportunity for a new owner to capitalize on the increasing demand as Gray grows, turning this property into a highly profitable venture. Whether buyers are looking to maintain a steady income stream, or take full advantage of the area's expansion, Gray Motel offers exceptional value for the discerning investor.