LA QUINTA INN & SUITES ALBANY | TOUR DATE: MAY 28TH

2735 DAWSON RD

ALBANY, GA 31707


Availability: Available

Price: $8,950,000

Address:
2735 Dawson Rd

Albany, GA 31707

Number of Rooms: 86

Year Built: 1999

INVESTMENT OVERVIEW

Hunter Havericak Hotel Group of Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 86-room La Quinta Inn & Suites located in Albany, Georgia. La Quinta Inn & Suites Albany provides the opportunity for a new owner to acquire a stable, positive-trending limited-service hotel with potential to realize significant RevPAR growth through hands-on management and utilization of the Wyndham name, reservation system, and loyal base of guests.

INVESTMENT HIGHLIGHTS

  • Year-Over-Year RevPAR Growth for Subject Property and Competitive Set
  • Large Year-Over-Year Occupancy Increase (26.5% Growth)
  • Significant Renovations Recently Completed With Minimal PIP Expected
  • Low Location-Based Expenses
  • Proximate to Procter & Gamble, Southwest Georgia Regional Airport, Albany State University, Mars Chocolate, and More

EXCLUSIVELY LISTED BY

R. MCLEAN HICKLIN III

Mclean.Hicklin@MarcusMillichap.com

(864) 923-6223

ROBERT S. HUNTER

Robert.Hunter@MarcusMillichap.com

(954) 245-3473

BROKER OF RECORD

JOHN LEONARD
GA Broker of Record
678.808.2700
License: 252904