For Sale! 2 Hotels! Full and Limited Service Provided!

Lagrange, GA (Troup County)

For Sale! 2 Hotels! Full and Limited Service Provided!

Asking Price:$5,200,000

Cash Flow:N/A

Gross Revenue:$1,800,000





For Sale! 2 Hotels! Full and Limited Service Provided!

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Business Description

This property can be flagged as a Motel 6. A beautiful, well maintained property with a New Orleans Style Feel. Built around a full size pool and Courtyard with a waterfall feature that serves as a centerpiece for weddings and events that use the spacious Banquet and Meeting rooms.
The hotel is a destination point for tournament travel teams attracted by the spacious rooms. Pool and 24 hour I-hop Restaurant on site. There are 12 years remaining on the lease. The lounge serves guests and draws business from surrounding limited service hotels and local businesses.
The property is in need of a knowledgeable operator that is ready to put there expertise to work. These properties have 4 distinct income streams, a lot of stablity with tremendous upside potential. Lets make it Happen!

Detailed Information

2 Hotels with full & limited service. 153 Keys and 52 Keys. 6.15 acres. 5600SF Leased to Nationally recognized restaurant.
Prime Interstate location just off main Hwy. Only one offering full service food and beverage
Growth & Expansion:
Property is ill-managed by owners admission. 7000 SF Banquet and Catering facilities under utilized.
Support & Training:
3 months if needed
Reason for Selling:
Partner Dispute

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Terry Goldman

Business Listed By:
Terry Goldman

Metrobrokers Inc.

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Sponsoring Broker:
Kevin Levent

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