Economy Hotel Atlanta 4265 Shirley Dr
121 Room Hotel Atlanta, GA 30336 $5,000,000 ($41,322/Room)
INVESTMENT HIGHLIGHTS
- 120 Guestrooms
EXECUTIVE SUMMARY
Avison Young Hospitality Group, as exclusive agent for the Seller, is pleased to present for your consideration the Economy Hotel Atlanta for 120 rooms. The property is being sold fully unencumbered of management and debt and presents investors with the opportunity to acquire an economy hotel with existing in-place cash flow.
PROPERTY FACTS
| Price | $5,000,000 |
| Price Per Room | $41,322 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 3.06 AC |
| Building Size | 36,576 SF |
| No. Rooms | 121 |
| No. Stories | 3 |
| Year Built/Renovated | 1985/2003 |
| Tenancy | Single |
| Parking Ratio | 3.28/1,000 SF |
| Corridor | Exterior |
AMENITIES
- High Speed Internet Access
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 121 | $77.00 | - |
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PROPERTY TAXES
| Parcel Number | 14F-0052-LL-111-8 | Improvements Assessment | $2,265,360 |
| Land Assessment | $165,280 | Total Assessment | $2,430,640 |
ZONING
| Zoning Code | M2 (Heavy Industrial) |
