2690 Riverside Dr, Macon, GA 31204
110 Room Hotel | Macon, GA 31204 | $2,400,000 ($21,818/Room)
For Sale
Active
Asking Price $2,400,000
- Property Type
-
Hospitality
- Square Feet
- 43,912 SF
Listing Contacts
- Property Info
Property Overview
New Management, upward trending revenue ! Red Carpet Inn 112 + 8 room hotel being offered for sale. Two and 3 three story interior corridor hotel on the north side of Macon, strategically located off I-75 within close proximity to all demand generators. Additional 8 rooms are currently used for 3 manager apartments, total of 120 rooms. Built in 1987, renovated in 2018-2022. Renovations included: exterior lighting, sign, computer system, carpet, locks, furniture, lamps, flatscreen TV’s, mattresses, microwave & refrigerator, PTAC’s, interior and exterior paint. Amenities include: complimentary breakfast, guest laundry, vending machines , courtyard pool and large conference room. Franchise agreement was just renewed for an additional 5 years. Macon is considered “The Heart of Georgia” and a midway point between Savannah and Atlanta. It is surrounded by 3 interstate highways: I-75, I-16 and I-475. Atlanta’s Hartsfield Jackson International Airport just 75 miles north.
Property Details
- Class
- B
- Year Built/Renovated
- 1987/2022
- Stories
- 2
- Property Subtype
- Hotel
- Lot Size (sq. ft)
- 103,237 SF
- Units
- 110
Highlights
- 112 rooms + 8 rooms used for apartments
- Interior Corridor
- Off I-75
- 75 Miles South of Atlanta
- Renovated 2018 - 2022
- Midway point between Atlanta and Savannah
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