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Hotel-Motel

Tru by Hilton Macon North

107 Providence Blvd, Macon, GA 31210

Listing Price: $16,500,000

Cap Rate
9.66%
Number of Rooms
101
RevPAR
$100
Gross SF
40,329
Price/Room
$163,366
RRM
4.47
Price/Gross SF
$409.13
Year Built
2021

Investment Overview

Marcus & Millichap is pleased to offer for sale a fee simple interest in the 101-unit, Tru by Hilton Macon, located in Georgia. The subject property is ideally located on 2 acres and features 4 floors of well-maintained guest rooms. The hotel was recently built in 2021 and requires minimal improvements. Premium features at the hotel include an extensive lobby lounge area with a billiards table for guests to play during their stay. Common area amenities include complimentary breakfast, fitness center, business center with fax & photocopy machine, 24-hour front desk, and free on-site parking.

The Tru by Hilton is strategically located off I-75 with close proximity to all nearby demand generators. Downtown Macon is located 9.5 miles away and is considered the state of Georgia’s geographic center, about 85 miles southeast of Atlanta hence the city's nickname, "The Heart of Georgia". Macon is served by three interstate highways; I-16 (connecting the city to Savannah and coastal Georgia), I-75 (connecting the city with Atlanta to the north and Valdosta to the south), and I-475 (a city bypass highway). Macon is a unique city where culture, commerce and community flourish. The city has several institutions of higher education, including Mercer University, a private research university with nearly 5,000 students. Top historic attractions in the area include the Ocmulgee National Monument, the Tubman Museum, and the Allman Brothers Band Museum. These historic sites feature artifacts, art, history, and culture from years ago for visitors to learn about. The area is served by Middle Georgia Regional Airport, 22 miles away, offers daily flights to Baltimore/Washington International Thurgood Marshall Airport. For more expansive flight options, the Hartsfield-Jackson Atlanta International Airport is located 67 miles away.

Investment Highlights

  • Fee simple interest in the 101-unit, Tru by Hilton Macon North, located in Georgia
  • Located directly off I-75 | Close proximity to all demand generators
  • Mercer University, 10 miles away, is a well-regarded research university with nearly 5,000 students
  • Macon is considered the "Heart of Georgia" and served by 3 interstate highway (I-16, I-75, I-475)
  • Historic Sites | Tubman Museum, Allman Borthers Band Museum, Ocmulgee National Monument

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Hotel-Motel

Tru by Hilton Macon North

Listing Price: $16,500,000

Cap Rate
9.66%
Number of Rooms
101
RevPAR
$100
Gross SF
40,329
Price/Room
$163,366
RRM
4.47
Price/Gross SF
$409.13
Year Built
2021

Investment Highlights

  • Fee simple interest in the 101-unit, Tru by Hilton Macon North, located in Georgia
  • Located directly off I-75 | Close proximity to all demand generators
  • Mercer University, 10 miles away, is a well-regarded research university with nearly 5,000 students
  • Macon is considered the "Heart of Georgia" and served by 3 interstate highway (I-16, I-75, I-475)
  • Historic Sites | Tubman Museum, Allman Borthers Band Museum, Ocmulgee National Monument

Investment Overview

Marcus & Millichap is pleased to offer for sale a fee simple interest in the 101-unit, Tru by Hilton Macon, located in Georgia. The subject property is ideally located on 2 acres and features 4 floors of well-maintained guest rooms. The hotel was recently built in 2021 and requires minimal improvements. Premium features at the hotel include an extensive lobby lounge area with a billiards table for guests to play during their stay. Common area amenities include complimentary breakfast, fitness center, business center with fax & photocopy machine, 24-hour front desk, and free on-site parking. The Tru by Hilton is strategically located off I-75 with close proximity to all nearby demand generators. Downtown Macon is located 9.5 miles away and is considered the state of Georgia’s geographic center, about 85 miles southeast of Atlanta hence the city's nickname, "The Heart of Georgia". Macon is served by three interstate highways; I-16 (connecting the city to Savannah and coastal Georgia), I-75 (connecting the city with Atlanta to the north and Valdosta to the south), and I-475 (a city bypass highway). Macon is a unique city where culture, commerce and community flourish. The city has several institutions of higher education, including Mercer University, a private research university with nearly 5,000 students. Top historic attractions in the area include the Ocmulgee National Monument, the Tubman Museum, and the Allman Brothers Band Museum. These historic sites feature artifacts, art, history, and culture from years ago for visitors to learn about. The area is served by Middle Georgia Regional Airport, 22 miles away, offers daily flights to Baltimore/Washington International Thurgood Marshall Airport. For more expansive flight options, the Hartsfield-Jackson Atlanta International Airport is located 67 miles away.

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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