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Microtel Inn & Suites by Wyndham Tifton 196 Virginia Ave S

82 Room Hotel Tifton, GA 31794 $4,850,000 ($59,146/Room)

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Investment Highlights

Rooms: 82, Interior Corridor
3 Stories, Hotel is located right off Interstate I-75
Seller has spent Significant Capex Improvements on the Hotel, Close to all demand generators

Year Built: 2000, Lot Size: 1.82 acres
2 miles from Downtown Tifton, Renovated Hotel
Bank Financing Available

Executive Summary

Microtel Inn & Suites by Wyndham Tifton - GA is located right off Interstate I-75 and just about 2 miles from Downtown Tifton makes it easily accessible for those traveling through the region. The hotel is close to key attractions such as the Georgia Museum of Agriculture and Historic Village which are just 2 miles away from the property. Tift Theatre (2 miles) and Tifton Museum of Arts and Heritage (2 miles) are cultural highlights and some of the area's landmarks include Jefferson Davis Memorial Historic Site (21 miles). Nearest airport is Tifton Municipal Airport which is located approximately 4 miles from the hotel.
Tifton features many colleges including University of Georgia Tifton Campus, Abraham Baldwin Agricultural College, and the Southern Regional Technical College. A multitude of distribution and manufacturing warehouses are located nearby including Coca Cola Bottling Company, UNITED, PB2 Foods, Inc., Exlabesa Extrusion Tifton, Inc., and many more. Additionally, large trucking companies including Performance Peterbilt of Tifton and CAT Scale are located within 2 miles of the property. Tifton Mall is located less than half a mile away and offers a variety of shopping and nearby restaurants. Tifton Regional Medical Center, 3.3 miles away, is a 181-bed hospital with emergency, surgical, diagnostic, and general medical care. Tifton ideally along I-75 with close proximity to all demand generators.
Location Highlights:
1. Convenient Access to I-75 - Situated just off Interstate 75, providing easy access for road travelers passing through or visiting the area
2. Proximity to Local Attractions - Close to the Georgia Museum of Agriculture and Historic Village (2 miles)
3. Near Downtown Tifton: Just 2 miles from downtown Tifton
4. Close to Tift Regional Medical Center (4 miles)
5. Educational Institutions - Within a short drive to Abraham Baldwin Agricultural College (3 miles)
6. Agricultural Hub - Tifton's status as an agricultural center generates consistent business travel related to the region's farming and commerce sectors
7. Accessible to Major Airports - A short drive from Tifton Municipal Airport (4 miles) for private flights, and approximately 45 miles from Southwest Georgia Regional Airport for commercial air travel
Please Do Not Call The Hotel or Hotel Employees about the Sale of the Hotel. Absentee Owner.

Property Facts

Price	$4,850,000	Building Size	31,083 SF
Price Per Room	$59,146	No. Rooms	82
Sale Type	Investment	No. Stories	3
Property Type	Hospitality	Year Built/Renovated	2000/2003
Property Subtype	Hotel	Parking Ratio	3.19/1,000 SF
Building Class	B	Corridor	Interior
Lot Size	1.82 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$4,850,000
Price Per Room	$59,146
Sale Type	Investment
Property Type	Hospitality
Property Subtype	Hotel
Building Class	B
Lot Size	1.82 AC
Building Size	31,083 SF
No. Rooms	82
No. Stories	3
Year Built/Renovated	2000/2003
Parking Ratio	3.19/1,000 SF
Corridor	Interior
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.