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Hotel-Motel

La Quinta Inns & Suites Macon

3944 River Pl Dr, Macon, GA 31210

Listing Price: $6,550,000

Cap Rate
7.44%
Number of Rooms
142
RevPAR
$31
Gross SF
95,664
Price/Room
$46,127
RRM
34.11
Price/Gross SF
$68.47
Year Built
1996

Investment Overview

Marcus & Millichap is pleased to offer for sale a fee simple interest in the 142-unit, La Quinta Inns & Suites Macon, located in Georgia. The subject property is strategically located on 3.12 acres and features 3 floors of well-maintained guest rooms. Premium features at the hotel include an outdoor seasonal swimming pool as well as meeting and banquet space. Common area amenities include complimentary breakfast, fitness center, guest laundry facilities, free on-site parking, and a shared lobby lounge with a TV. Each guest room is equipped with free Wi-Fi, flat-screen TV, desk with chair, in-room coffee & tea maker, refrigerator, private bathroom, and hairdryer.

The La Quinta is conveniently located off I-75 with close proximity downtown Macon and all nearby demand generators. Macon is located 6 miles away and is considered the state of Georgia’s geographic center. The central metro of Macon is situated 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 ?ourish. 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, 16 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 76 miles away.

Investment Highlights

  • Fee simple interest in the La Quinta Inn & Suites Macon, located in Georgia
  • Strategically located off I-75 | Close proximity to all demand generators
  • Mercer University, 7.0 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
  • Atlanta, GA, 78 miles away, offers major metro attractions, corporate offices, international aiport, and plenty of restaurants and retail options

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Hotel-Motel

La Quinta Inns & Suites Macon

Listing Price: $6,550,000

Cap Rate
7.44%
Number of Rooms
142
RevPAR
$31
Gross SF
95,664
Price/Room
$46,127
RRM
34.11
Price/Gross SF
$68.47
Year Built
1996

Investment Highlights

  • Fee simple interest in the La Quinta Inn & Suites Macon, located in Georgia
  • Strategically located off I-75 | Close proximity to all demand generators
  • Mercer University, 7.0 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
  • Atlanta, GA, 78 miles away, offers major metro attractions, corporate offices, international aiport, and plenty of restaurants and retail options

Investment Overview

Marcus & Millichap is pleased to offer for sale a fee simple interest in the 142-unit, La Quinta Inns & Suites Macon, located in Georgia. The subject property is strategically located on 3.12 acres and features 3 floors of well-maintained guest rooms. Premium features at the hotel include an outdoor seasonal swimming pool as well as meeting and banquet space. Common area amenities include complimentary breakfast, fitness center, guest laundry facilities, free on-site parking, and a shared lobby lounge with a TV. Each guest room is equipped with free Wi-Fi, flat-screen TV, desk with chair, in-room coffee & tea maker, refrigerator, private bathroom, and hairdryer. The La Quinta is conveniently located off I-75 with close proximity downtown Macon and all nearby demand generators. Macon is located 6 miles away and is considered the state of Georgia’s geographic center. The central metro of Macon is situated 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 ?ourish. 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, 16 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 76 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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