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Hotel-Motel

Avid Hotel Macon North

3973 River Pl Dr, Macon, GA 31210

Listing Price: $13,000,000

Cap Rate
6.46%
Number of Rooms
93
RevPAR
$63
Gross SF
37,781
Price/Room
$139,785
Price/Gross SF
$344.09
Year Built
2021

Investment Overview

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 93-room Avid Hotel located in Macon, Georgia. Macon is a city in the Central region of Georgia, located in Bibb County, just 78 miles from Atlanta, Georgia. This property is a four-story hotel located directly off of Interstate-75, which provides easy access to other regions. This hotel benefits from being within close proximity to a variety of demand generators including: Mercer University, Shoppes at River Crossing, The Allman Brothers Band Museum, Tubman Museum, Georgia Sports Hall of Fame, and the world famous Ocmulgee Mounds National Historic Park. The Avid Hotel Macon North offers investors the opportunity to acquire a 2021-built, 93-room hotel with no expected Property Improvement Plan (PIP) costs.

Investment Highlights

  • This Avid Hotel Macon North is a 93-Room, Interior Corridor, 2021-Built Hotel Located in Macon, Georgia.
  • No Project Improvement Plan (PIP) Costs Expected for New Owner. Avid by IHG is a Newly Launched Brand, Yet Highly Desired Brand by Both Investors and Consumers Alike
  • Located Directly off of Interstate-75, a Major Throughfare of Georgia

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Hotel-Motel

Avid Hotel Macon North

Listing Price: $13,000,000

Cap Rate
6.46%
Number of Rooms
93
RevPAR
$63
Gross SF
37,781
Price/Room
$139,785
Price/Gross SF
$344.09
Year Built
2021

Investment Highlights

  • This Avid Hotel Macon North is a 93-Room, Interior Corridor, 2021-Built Hotel Located in Macon, Georgia.
  • No Project Improvement Plan (PIP) Costs Expected for New Owner. Avid by IHG is a Newly Launched Brand, Yet Highly Desired Brand by Both Investors and Consumers Alike
  • Located Directly off of Interstate-75, a Major Throughfare of Georgia

Investment Overview

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 93-room Avid Hotel located in Macon, Georgia. Macon is a city in the Central region of Georgia, located in Bibb County, just 78 miles from Atlanta, Georgia. This property is a four-story hotel located directly off of Interstate-75, which provides easy access to other regions. This hotel benefits from being within close proximity to a variety of demand generators including: Mercer University, Shoppes at River Crossing, The Allman Brothers Band Museum, Tubman Museum, Georgia Sports Hall of Fame, and the world famous Ocmulgee Mounds National Historic Park. The Avid Hotel Macon North offers investors the opportunity to acquire a 2021-built, 93-room hotel with no expected Property Improvement Plan (PIP) costs.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

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