Fairfield Inn & Suites Atlanta McDonough | 30 Mill Rd
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Fairfield Inn & Suites Atlanta McDonough 30 Mill Rd
85 Room Hotel Mcdonough, GA 30253 For Sale
Investment Highlights
- Complete Change of Ownership PIP completed 2023
- Four Story, Interior Corridor
- Near local businesses including The Home Depot, Luxottica, John Deer, Norfolk Southern, BEHR, and others
- 85 Non-Smoking Guestrooms
- 18 miles from Hartsfield-Jackson Atlanta International Airport
Executive Summary
Avison Young, as the sole exclusive agent, is pleased to offer the fee simple interest in the Fairfield Inn & Suites Atlanta McDonough. The property is being offered unencumbered of existing debt and management and provides investors with the opportunity to acquire a quality select service asset in the greater Atlanta area which is fully PIP’d. The Hotel is located off exit 221 on I-75 in McDonough, 26 miles south of downtown Atlanta and 18 miles south of Hartsfield-Jackson Atlanta International Airport. The hotel is situated off Jonesboro Road, which is one of the primary shopping, lodging, and dining thoroughfares in the area and connects I-75 to downtown McDonough.
The Fairfield Inn & Suites is performing admirably with an occupancy of 80.4% and ADR over $115 for the month of June 2024. This Hotel will allow a new investor to realize instant yield on day one of their investment while also being able to forecast growth due to the change-of-ownership PIP having been completed.
The Fairfield Inn & Suites is performing admirably with an occupancy of 80.4% and ADR over $115 for the month of June 2024. This Hotel will allow a new investor to realize instant yield on day one of their investment while also being able to forecast growth due to the change-of-ownership PIP having been completed.
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
Property Facts
Sale Type | Investment | No. Rooms | 85 |
Property Type | Hospitality | No. Stories | 4 |
Property Subtype | Hotel | Year Built/Renovated | 2006/2023 |
Building Class | B | Tenancy | Single |
Lot Size | 2.00 AC | Parking Ratio | 1.88/1,000 SF |
Building Size | 53,088 SF | Corridor | Interior |
Sale Type | Investment |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | B |
Lot Size | 2.00 AC |
Building Size | 53,088 SF |
No. Rooms | 85 |
No. Stories | 4 |
Year Built/Renovated | 2006/2023 |
Tenancy | Single |
Parking Ratio | 1.88/1,000 SF |
Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Digital key
Room Mix Information
Description | No. Rooms | Daily Rate | SF |
---|---|---|---|
Suite | 6 | $172.00 | - |
Guest Room | 79 | $142.00 | - |
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PROPERTY TAXES
Parcel Number | 0054-01-027-004 | Improvements Assessment | $1,716,800 |
Land Assessment | $363,200 | Total Assessment | $2,080,000 |
PROPERTY TAXES
Parcel Number
0054-01-027-004
Land Assessment
$363,200
Improvements Assessment
$1,716,800
Total Assessment
$2,080,000
zoning
Zoning Code | C-3 |
C-3 |
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Fairfield Inn & Suites Atlanta McDonough | 30 Mill Rd
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