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Hotel-Motel

Suburban Studios Augusta

1052 Claussen Rd, Augusta, GA 30907

Listing Price: $6,500,000

Cap Rate
8.32%
Number of Rooms
107
RevPAR
$34
Gross SF
49,356
Price/Room
$60,748
Price/Gross SF
$131.70
Year Built
1998

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.

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

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Financing By

Hotel-Motel

Suburban Studios Augusta

Listing Price: $6,500,000

Cap Rate
8.32%
Number of Rooms
107
RevPAR
$34
Gross SF
49,356
Price/Room
$60,748
Price/Gross SF
$131.70
Year Built
1998

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

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

Financing By

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