Hampton by Hilton Inn Valdosta/Lake Park Area | 4906 Timber Dr
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Hampton by Hilton Inn Valdosta/Lake Park Area 4906 Timber Dr
72 Room Hotel Lake Park, GA 31636 $7,750,000 ($107,639/Room)
Investment Highlights
- Within Close Proximity to Demand Drivers Such as: Lake Park Outlets, Valdosta Regional Airport, Valdosta State University, Among Others.
- Upward Trend in Revenue Over Past Three Years and Expected to Continue as Buyer Benefits from Seller’s Recent Renovations
- Located Directly Off of I-75 Providing Excellent Signage to Commuters and Ease of Access
Executive Summary
The Cushman & Wakefield Hospitality Group has been retained to offer for sale the fee simple interest in the 72-room Hampton Inn by Hilton located in Lake Park, Georgia’s Southern Gateway City. The property is a recently renovated, three-story, limited-service hotel that is conveniently located directly off of Interstate-75, providing ease of access in addition to displaying excellent signage to commuters. The property also presents the opportunity to take control of an exceptional brand and increase operations to competitive set standards through focused, hands-on management and marketing. The Hampton Inn Valdosta / Lake Park Area offers investors the opportunity to acquire a fully-renovated property in a highly desirable and growing market.
While many markets are down to start 2024, this Hampton Inn is up over 60% through January.
While many markets are down to start 2024, this Hampton Inn is up over 60% through January.
Property Facts
| Price | $7,750,000 | Building Size | 50,000 SF |
| Price Per Room | $107,639 | No. Rooms | 72 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built | 1999 |
| Property Subtype | Hotel | Parking Ratio | 1/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 1.42 AC |
| Price | $7,750,000 |
| Price Per Room | $107,639 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.42 AC |
| Building Size | 50,000 SF |
| No. Rooms | 72 |
| No. Stories | 3 |
| Year Built | 1999 |
| Parking Ratio | 1/1,000 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 | 2 | $109.00 | - |
| Guest Room | 70 | $99.00 | - |
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PROPERTY TAXES
| Parcel Number | 0198-002A | Improvements Assessment | $829,570 |
| Land Assessment | $73,840 | Total Assessment | $903,410 |
PROPERTY TAXES
Parcel Number
0198-002A
Land Assessment
$73,840
Improvements Assessment
$829,570
Total Assessment
$903,410
zoning
| Zoning Code | Commercial |
| Commercial |
-
Jesse Lastofsky -
Cushman & Wakefield
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Hampton by Hilton Inn Valdosta/Lake Park Area | 4906 Timber Dr
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