Hotel-Motel
Suburban Studios Augusta
1052 Claussen Rd, Augusta, GA 30907
Listing Price: $6,500,000
Investment Overview
Marcus & Millichap’s National Hospitality Group, as an exclusive representative of the seller, is pleased to present for sale the Suburban Studios Extended-Stay Augusta by Choice Hotels. The subject property is a 3-story, 107-room, exterior corridor extended-stay hotel, with a lot size of 3.39 acres, located directly off Interstate 20, just 7-miles from Fort Gordon, 4-miles from the VA Hospital, and 2 miles from Augusta Nation Golf Club where the PGA Master’s is held yearly.
The area surrounding the property hosts a variety of demand generators including Augusta National Golf Club, Fort Gordon (Multi-Service Fort), Augusta Riverwalk, Augusta State University, Georgia Regents University, and Augusta Regional Airport.
Suburban Studios Augusta
Investment Highlights
- Conveniently located directly off I-20, just 2 miles from Augusta National Golf Club.
- Apartment-Style Suites with in-room kitchen and sofa
- Property boasts over 41% NOI to Room Revenue ratio.
- Value-add with Revenue Management: opportunity to raise ADR
- Limited costs due to the extended stay model.
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $6,500,000
Investment Highlights
- Conveniently located directly off I-20, just 2 miles from Augusta National Golf Club.
- Apartment-Style Suites with in-room kitchen and sofa
- Property boasts over 41% NOI to Room Revenue ratio.
- Value-add with Revenue Management: opportunity to raise ADR
- Limited costs due to the extended stay model.
Investment Overview
Marcus & Millichap’s National Hospitality Group, as an exclusive representative of the seller, is pleased to present for sale the Suburban Studios Extended-Stay Augusta by Choice Hotels. The subject property is a 3-story, 107-room, exterior corridor extended-stay hotel, with a lot size of 3.39 acres, located directly off Interstate 20, just 7-miles from Fort Gordon, 4-miles from the VA Hospital, and 2 miles from Augusta Nation Golf Club where the PGA Master’s is held yearly. The area surrounding the property hosts a variety of demand generators including Augusta National Golf Club, Fort Gordon (Multi-Service Fort), Augusta Riverwalk, Augusta State University, Georgia Regents University, and Augusta Regional Airport.
Exclusively Listed By
Broker of Record
Financing By
