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Hotel-Motel

Days Inn Richmond Hill Savannah

3926 US-17, Richmond Hill, GA 31324

Listing Price: $3,500,000

Cap Rate
10.38%
Number of Rooms
112
RevPAR
$27
Gross SF
34,560
Price/Room
$31,250
Price/Gross SF
$101.27
Year Built
1971

Investment Overview

Marcus & Millichap is pleased to offer for sale a fee simple interest in the 112-unit, Days Inn Richmond Hill Savannah, located in Richmond Hill, Georgia. The subject property is situated on 8.63 acres directly off U.S.-17 with close proximity to I-95. Premium amenities at the hotel include an outdoor swimming pool with lounge chairs. The property offers a discount for guests at the leased on-site, 24-hour restaurant. Common area amenities include complimentary grab & go breakfast, fax & photocopy machine, 24-hour front desk, vending machines, and outdoor bbq facilities. Each guest room is equipped with free Wi-Fi, TV with cable, in-room coffee & tea maker, microwave, refrigerator, private bathroom, sitting area, and hairdryer. The Days Inn is ideally located in Richmond Hill, which is included in the Savannah Metropolitan area, situated just 22 miles outside of downtown, historic Savannah. The property is strategically located on Highway-17, directly off Interstate-95 which benefits from a high volume of vehicles and ease of travel to local and regional demand generators. Attractions in Richmond Hill include many golf courses, restaurants, and interstate. Savannah, a coastal Georgia city, is known for manicured parks, horse-drawn carriages and antebellum architecture. Its historic district is filled with cobblestoned squares and parks such as Forsyth Park shaded by oak trees covered with Spanish moss. Guests at the hotel can easily travel to the nearby Tanger Outlets and all local attractions in the Savannah metro market. This hotel is conveniently located near several restaurants, historic attractions, and hot spots including Savannah Civic Center, Savannah College of Art & Design (SCAD) City Market, and Tybee Island which offers access to the beaches and Atlantic ocean. Local corporations include IKEA, Target Distribution Center, Home Depot, Dollar Tree Distribution Center, Gulfstream, SheltAir, Flight Safety, and Pier 1 Distribution Center. Corporate travelers enjoy the proximity to offices of Gulfstream Aerospace, Georgia Ports Authority, Norfolk Southern, Memorial Health University Medical Center, St Joseph’s/Candler Hospital, and Brasseler USA.

Investment Highlights

  • Fee Simple Interest in the 112-unit, Days Inn Richmond Hill Savannah, Located in Richmond Hill, Georgia
  • Situated Directly off I-95 on US-17 | Close Proximity to all Demand Generators
  • Savannah/Hilton Head International Airport is Located 22 Miles Away and is Ranked as the Number 1 Airport in the U.S. in 2020 According to Conde Nast
  • Tanger Outlets, a Large-Scale Outdoor Outlet Mall, is Located 17.5 Miles Away
  • The Port of Savannah, 24 Miles away, is the 4th Largest Port Facility in the United States
  • Downtown Savannah, is Located About 21.5 Miles Away and Boasts Historic, Leisure, and Tourist Attractions

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Hotel-Motel

Days Inn Richmond Hill Savannah

Listing Price: $3,500,000

Cap Rate
10.38%
Number of Rooms
112
RevPAR
$27
Gross SF
34,560
Price/Room
$31,250
Price/Gross SF
$101.27
Year Built
1971

Investment Highlights

  • Fee Simple Interest in the 112-unit, Days Inn Richmond Hill Savannah, Located in Richmond Hill, Georgia
  • Situated Directly off I-95 on US-17 | Close Proximity to all Demand Generators
  • Savannah/Hilton Head International Airport is Located 22 Miles Away and is Ranked as the Number 1 Airport in the U.S. in 2020 According to Conde Nast
  • Tanger Outlets, a Large-Scale Outdoor Outlet Mall, is Located 17.5 Miles Away
  • The Port of Savannah, 24 Miles away, is the 4th Largest Port Facility in the United States
  • Downtown Savannah, is Located About 21.5 Miles Away and Boasts Historic, Leisure, and Tourist Attractions

Investment Overview

Marcus & Millichap is pleased to offer for sale a fee simple interest in the 112-unit, Days Inn Richmond Hill Savannah, located in Richmond Hill, Georgia. The subject property is situated on 8.63 acres directly off U.S.-17 with close proximity to I-95. Premium amenities at the hotel include an outdoor swimming pool with lounge chairs. The property offers a discount for guests at the leased on-site, 24-hour restaurant. Common area amenities include complimentary grab & go breakfast, fax & photocopy machine, 24-hour front desk, vending machines, and outdoor bbq facilities. Each guest room is equipped with free Wi-Fi, TV with cable, in-room coffee & tea maker, microwave, refrigerator, private bathroom, sitting area, and hairdryer. The Days Inn is ideally located in Richmond Hill, which is included in the Savannah Metropolitan area, situated just 22 miles outside of downtown, historic Savannah. The property is strategically located on Highway-17, directly off Interstate-95 which benefits from a high volume of vehicles and ease of travel to local and regional demand generators. Attractions in Richmond Hill include many golf courses, restaurants, and interstate. Savannah, a coastal Georgia city, is known for manicured parks, horse-drawn carriages and antebellum architecture. Its historic district is filled with cobblestoned squares and parks such as Forsyth Park shaded by oak trees covered with Spanish moss. Guests at the hotel can easily travel to the nearby Tanger Outlets and all local attractions in the Savannah metro market. This hotel is conveniently located near several restaurants, historic attractions, and hot spots including Savannah Civic Center, Savannah College of Art & Design (SCAD) City Market, and Tybee Island which offers access to the beaches and Atlantic ocean. Local corporations include IKEA, Target Distribution Center, Home Depot, Dollar Tree Distribution Center, Gulfstream, SheltAir, Flight Safety, and Pier 1 Distribution Center. Corporate travelers enjoy the proximity to offices of Gulfstream Aerospace, Georgia Ports Authority, Norfolk Southern, Memorial Health University Medical Center, St Joseph’s/Candler Hospital, and Brasseler USA.

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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