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Pinelodge Motel Baxley 539 S Main St

63 Room Hotel Baxley, GA 31513 $2,300,000 ($36,508/Room)

Investment Highlights

  • 62-Room Motel
  • Extra Lot leased to a food truck
  • Renovated in 2022
  • This sale Includes is one residential home
  • Large City Lot! 3.87 acres

Executive Summary

Prime Location with 62-Room Motel and Guest House This property is located in a high-traffic area and consists of a 62-room motel. The motel provides comfortable rooms with modern amenities to meet the needs of travelers. Its strategic location in a bustling area offers excellent visibility and accessibility for guests. The property has a new roof and underwent a complete renovation in 2022, including new floors, beds, TVs, and refrigerators. Additionally, the property is situated on a 3.87-acre large city lot, which includes three parcels: one leased to a local food truck, another with a residential home, and the third housing the motel.

Financial Summary (Actual - 2023)

Annual Annual Per SF
Gross Rental Income $450,000 $18.73
Other Income - -
Vacancy Loss - -
Effective Gross Income $450,000 $18.73
Net Operating Income - -

Financial Summary (Actual - 2023)

Gross Rental Income
Annual $450,000
Annual Per SF $18.73
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $450,000
Annual Per SF $18.73
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price $2,300,000
Price Per Room $36,508
Sale Type Investment
Property Type Hospitality
Property Subtype
Hotel
Building Class C
Lot Size 3.87 AC
Building Size 24,029 SF
No. Rooms 63
No. Stories 1
Year Built/Renovated 1960/2003
Parking Ratio 4.52/1,000 SF
Corridor Exterior

Amenities

  • High Speed Internet Access
  • Public Access Wifi

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 5 $67.00 -
Guest Room 58 $56.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
G003-005
Land Assessment
$90,760 (2024)
Improvements Assessment
$480,609 (2024)
Total Assessment
$571,369 (2024)

zoning

Zoning Code B2 (Commercial Lot (C3))
B2 (Commercial Lot (C3))
  • Listing ID: 32222865

  • Date on Market: 6/22/2024

  • Last Updated:

  • Address: 539 S Main St, Baxley, GA 31513

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