Interior Corridor Branded Hotel in Metro-Atlanta for $7.9M!

Forsyth, GA (Monroe County)

Interior Corridor Branded Hotel in Metro-Atlanta for $7.9M!
Contact Seller

Asking Price: $7,900,000

Cash Flow: N/A

Gross Revenue: $1,800,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: N/A

Interior Corridor Branded Hotel in Metro-Atlanta for $7.9M!

Save Print Share Valuation Report

Business Description

Seller has requested that we do not disclose the property address or brand until we obtain proof of funds. Please send us proof of funds for at least $1M in order for us to share additional information and the address with you.

Property Highlights:

Located off the interstate I-75; the Georgia-Florida corridor.

Rooms: 67
Total Yearly Revenue for 2018: $1.8 Million
NOI: $814,000
Asking price: $7.9 Million
Cap Rate: 10.3%
Cap Rate with Management Company: 9.39%
Occupancy rate: 76.22%
ADR: $94.93

Seller runs a management company that operates all major brands (Hilton, Wyndham, Choice, and Marriott). He is willing to operate the property for an absentee-owner. Even after paying the management company, an absentee investor can still make a 9.16% cap rate. Seller is a developer and looking to invest the proceeds toward other construction opportunities.

4-story interior corridor beautiful construction. Built in July of 2016. Amenities include a fitness room, Business center, huge lobby, and breakfast area; large exterior pool, and a large meeting room which includes a projection screen.

A must-see property if you are serious about buying!

If interested, please send the proof of funds to Kavita at kavita@riverbrokers.com or Rutvik Emil at emil@riverbrokers.com.

Detailed Information

Location:
Forsyth, GA
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Facilities:
4-story interior corridor beautiful construction. Built in July of 2016. Amenities include a fitness room, Business center, huge lobby, and breakfast area; large exterior pool, and a large meeting room which includes a projection screen.
Contact Seller

Contact the Seller

Contact Seller Loading

Kavita Purohit

Business Listed By:
Kavita Purohit

River Brokers Real Estate

Show Phone Number

View My Listings

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1643942 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Scenthound

Franchise Opportunity In GA
Capital Required: $206,400