COURTYARD ALBANY

INVESTMENT OVERVIEW

Hunter Havericak Hotel Group of Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 84-room Courtyard located in Albany, Georgia. The hotel is an extensively-renovated three-story property built in 2004 and located just off US Highway 82. Courtyard Albany provides the opportunity for a new owner to acquire a fully-renovated select-service Marriott that is trending upward with consistently growing RevPAR post-renovation. The property has an appropriate room count for the market and additional runway for growth against the competitive set.

INVESTMENT HIGHLIGHTS

• Fully Renovated with Minimal-to-No Remaining Buyer PIP - $3.25M +/- Spent
• 10.92% CAP Rate at List Price
• +/- $707,000 Revenue Increase Year-Over-Year (5/31/25) Following the PIP
• Historically Strong Net Operating Income and Stable Revenues
• Marriott Brand Affiliation with Anticipated 15-Year Franchise License
• Positive Trending RevPAR +/- 31.1% Increase Year-Over-Year
• Proximate to Procter & Gamble, Southwest Georgia Regional Airport, Albany State University, Mars Chocolate, Miller/Coors Brewing, Georgia Pacific, Civic Center, Marine Corps Logistics Base, Phoebe Putney Memorial Hospital, and More