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Gray Motel 112 E Clinton St

26 Room Hotel Gray, GA 31032 $900,000 ($34,615/Room) 5.56% Cap Rate

Investment Highlights

  • Turnkey Investment – Whether hands-on or managed, this fully operational motel is ready for a seamless ownership transition.
  • Conveniently located near popular attractions, shopping, and dining.
  • Ideal Downtown Location – Positioned in Gray’s vibrant center, this motel offers unmatched visibility and accessibility.
  • Take advantage of this unique opportunity to own a business with massive upside potential and become a key player in downtown Gray's growth.

Executive Summary

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. Situated in a prime location, it caters to a diverse range of travelers with easy access to local attractions, businesses, and transportation.
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.
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 you're 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.
Don’t miss out on this prime investment opportunity in an up-and-coming area!
Please Call Jacob Lee at 678 538 8267 and leave a message for any more information.

Data Room Click Here to Access

Financial Summary (Actual - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $900,000
Price Per Room $34,615
Sale Type Investment
Cap Rate 5.56%
Sale Conditions Build to Suit
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 5.10 AC
Building Size 10,177 SF
No. Rooms 26
No. Stories 1
Year Built/Renovated 1964/2021
Parking Ratio 4.52/1,000 SF
Corridor Exterior

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 26 $59.00 -

zoning

Zoning Code 001
001
  • Listing ID: 33639833

  • Date on Market: 10/25/2024

  • Last Updated:

  • Address: 112 E Clinton St, Gray, GA 31032

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