Press Releases
Marcus & Millichap Brokers Sale of Quality Inn Hotel Property in Carrollton, Georgia
February 24, 2025
CARROLLTON, Ga., Feb. 24, 2025 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of a 59-room Quality Inn hotel property in Carrollton, Georgia for $3,825,101.
“We are pleased to have successfully completed the disposition of this asset for our client,” said Joe Simpson, senior associate. “Their trust in our team’s marketing process was paramount in getting this across the finish line.”
Simpson, Jack Davis, Joce Messinger and Milin Mehta, investment specialists in Marcus & Millichap’s Charleston office, had the exclusive listing to market the property on behalf of the seller. John Leonard is the firm’s broker of record in Georgia.
The Quality Inn, located at 700 S. Park St., is positioned in a steadily growing market due to its proximity to major demand drivers, including Tanner Medical Center, the University of West Georgia, and Southwire's corporate headquarters. Carrollton's role as a commercial hub for west Georgia, combined with its blend of agriculture, manufacturing and healthcare industries, supports consistently stable hotel demand.
The property features 59 well-maintained guest rooms and offers amenities such as a fitness center, outdoor swimming pool, business center and complimentary hot breakfast.
“We are pleased to have successfully completed the disposition of this asset for our client,” said Joe Simpson, senior associate. “Their trust in our team’s marketing process was paramount in getting this across the finish line.”
Simpson, Jack Davis, Joce Messinger and Milin Mehta, investment specialists in Marcus & Millichap’s Charleston office, had the exclusive listing to market the property on behalf of the seller. John Leonard is the firm’s broker of record in Georgia.
The Quality Inn, located at 700 S. Park St., is positioned in a steadily growing market due to its proximity to major demand drivers, including Tanner Medical Center, the University of West Georgia, and Southwire's corporate headquarters. Carrollton's role as a commercial hub for west Georgia, combined with its blend of agriculture, manufacturing and healthcare industries, supports consistently stable hotel demand.
The property features 59 well-maintained guest rooms and offers amenities such as a fitness center, outdoor swimming pool, business center and complimentary hot breakfast.
# # #
About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2024, the company had 1,712 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit www.MarcusMillichap.com.
