LodgingIndex - Property for Sale in Georgia

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FRANCHISED PROPERTY FOR SALE: GEORGIA

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Location: Southwest GA
Number of Units: 51
Year Constructed: 1995
Corridors:  Interior
# of Stories: 2
Chain Affiliated ? : Yes
Cost to Transfer Franchise: Per Franchisor
Property Rating : 3.8 (Google Reviews)

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Offering Price: $ 2,100,000 now $ 1,925,000
Gross Rooms Revenue: $ 577,250 in 2018
Gross F&B Revenue: N/A
Other Revenue: $ 8,000 in 2018
Annual Property Taxes: $ 20,000
Annual Insurance Costs: $ 13,000
Seller/Private Financing Available ?: No

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Other Information: This well-kept, franchised property offering abundant "Southern Charm" is located on a heavily traveled North-South highway in the southern half of Georgia, between Atlanta and the Florida state line. It features 51 units, interior corridors, a heated indoor pool, and beautiful exterior landscaping. Numerous, diverse demand generators service the market, including corporate, leisure, and the ever-busy interstate highway, adjacent. The property was operated by a third party management company in 2018, and did NOT perform to its potential. This is a great opportunity for a local "hands-on" owner operator (there are living quarters on-site, ideal for such an operator). To learn more about this property, submit an inquiry below!

Recent Renovations Include:
New Roof
New Pool Heater
New Hot Water Heater
Soom Guest Rooms re-painted

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Interested in this property?  If you would like to obtain more information about this property-for-sale, please submit an inquiry below. Upon receipt of this, the property owner will be notified of your inquiry, and you will receive a subsequent email, sent to the Email address you specify below, from LodgingIndex regarding this property.   Thereafter, discussions can start directly between you and the property owner.   In order to receive additional information, please make sure that you complete the form below and include an accurate, valid EMail address!   By submitting the form below, the inquirer agrees that all subsequent information obtained as a result of this inquiry is strictly confidential and is not to be disclosed to or shared with any outside parties.  Please refer any additional interested purchasers directly to www.lodgingindex.com.

Submit your inquiry here:

All of the above information was obtained from seller of the property and is deemed reliable, but not guaranteed.  
LodgingIndex and its representatives assume no liability.  All information should be verified by the prospective buyer.

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