2471 Old National Pkwy, College Park, GA 30349
104 Room Hotel | College Park, GA 30349 | $6,300,000 ($60,577/Room)
For Sale
Active
17 pictures
Asking Price $6,300,000
- Property Type
-
Hospitality
- Square Feet
- 42,250 SF
Listing Contacts
Raiyan Rab
- Property Info
Property Overview
Hotel has been through significant Capital Expenditures and Property Improvement Plan
Renovated Hotel and Expected to be sold with Minimal to NO PIP For the New Buyer
Significant Cash Flow Hotel Property with Premium Airport Location
Solid Block Construction
Just Minutes from the World's Busiest Airport
Fully Renovated Hotel. Minimal to NO PIP
Close to all demand generators
Bank Financing Available
Absentee Owner. Employee Operated.
The Hotel is adjacent to two major highways, I-85 and I-285, and sits adjacent to from the World's Busiest Airport Hartsfield Jackson, and only minutes from Downtown Atlanta.
Opportunity to enter one of the most prominent and well-recognized markets of Atlanta being adjacent to the world's busiest airport.
With expected increase in demand to the area and an overall reduction of supply, a new owner should be able to drive higher RevPAR and significantly increase cash flow to the bottom line.
Location Highlights:
- Hartsfield-Jackson Atlanta International Airport (5 miles)
- Georgia International Convention Center (3 miles)
- Delta Flight Museum (6 miles)
- Porsche Experience Center Atlanta (6 miles)
- College Park Historic District (4 miles).
- Downtown Atlanta (13 miles)
- Six Flags Over Georgia (15 miles)
- Atlanta Motor Speedway: Ideal for NASCAR fans or anyone interested in motorsports
Renovated Hotel and Expected to be sold with Minimal to NO PIP For the New Buyer
Significant Cash Flow Hotel Property with Premium Airport Location
Solid Block Construction
Just Minutes from the World's Busiest Airport
Fully Renovated Hotel. Minimal to NO PIP
Close to all demand generators
Bank Financing Available
Absentee Owner. Employee Operated.
The Hotel is adjacent to two major highways, I-85 and I-285, and sits adjacent to from the World's Busiest Airport Hartsfield Jackson, and only minutes from Downtown Atlanta.
Opportunity to enter one of the most prominent and well-recognized markets of Atlanta being adjacent to the world's busiest airport.
With expected increase in demand to the area and an overall reduction of supply, a new owner should be able to drive higher RevPAR and significantly increase cash flow to the bottom line.
Location Highlights:
- Hartsfield-Jackson Atlanta International Airport (5 miles)
- Georgia International Convention Center (3 miles)
- Delta Flight Museum (6 miles)
- Porsche Experience Center Atlanta (6 miles)
- College Park Historic District (4 miles).
- Downtown Atlanta (13 miles)
- Six Flags Over Georgia (15 miles)
- Atlanta Motor Speedway: Ideal for NASCAR fans or anyone interested in motorsports
Property Details
- Class
- C
- Year Built
- 1983
- Stories
- 2
- Property Subtype
- Hotel
- Lot Size (sq. ft)
- 111,078 SF
- Units
- 104
Highlights
- Hotel has been through significant Capital Expenditures and Property Improvement Plan
- Renovated Hotel and Expected to be sold with Minimal to NO PIP For the New Buyer
- Significant Cash Flow Hotel Property with Premium Airport Location
- Solid Block Construction. Just Minutes from the World's Busiest Airport.
- Fully Renovated Hotel. Minimal to NO PIP.
- Close to all demand generators. Bank Financing Available.
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