Hotel-Motel
Savannah Hotel Site
7 Martin Ct, Savannah, GA 31419
Listing Price: $1,200,000
Investment Overview
Marcus & Millichap is pleased to offer for sale a fee simple interest in the 2.19-acre, Savannah Hotel Site, located in Savannah, Georgia. The subject property is fully entitled and zoned for a hotel site with multiple franchise options available. The buildable area can support 100+/- units and 4+/- stories. Feasibility study is available in the due diligence materials for the hotel site.
The subject property is conveniently located near I-95 within close proximity of all demand generators. Nearby attractions include Tanger Outlets, Coastal Empire Fair Grounds, Coastal Georgia Botanical Gardens, Henderson Golf Course, Chatham County Wetlands Preserve, and Oglethorpe Mall. Georgia Southern University Armstrong, 7.9 miles away, is one of three campuses for Georgia Southern University and enrolls more than 5,000 students. Located 14.2 miles away, Hunter Army Air?eld, part of U.S. Army Base Fort Stewart in Hinesville, is home to 5,500 military personnel. This base along with its counterpart Fort Stewart generates an annual economic impact of more than $4.9 Billion. Another major employer for the area is the Georgia Ports Authority which is the largest and fastest growing port in the U.S. The port employs 560,000+ individuals and generators more than $140 Billion in sales each year.
Downtown Savannah is a coastal metro known for manicured public parks, horse-drawn carriages, and antebellum architecture. The historic city is extremely walkable and filled with plenty of restaurants, retail, entertainment, historic sites, and tourist attractions. Notable attractions include the Savannah College of Art & Design (SCAD), City Market, River Street, Forsyth Park, and multiple historic museums. 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 of?ces of Gulfstream Aerospace, Georgia Ports Authority, Norfolk Southern, Memorial Health University Medical Center, St. Joseph’s/Candler Hospital, and Brasseler USA
Savannah Hotel Site
Investment Highlights
- Fee simple interest in the Savannah Landsite, located in Savannah Georgia
- Located along I-95 at exit 94 | Close proximity to all demand generators
- Buildable Area | 100+/- Units, 4+/- Stories
- Fully Entitled and Zoned for Hotel Development
- Multiple Franchise Options Available
Listing Price: $1,200,000
Investment Highlights
- Fee simple interest in the Savannah Landsite, located in Savannah Georgia
- Located along I-95 at exit 94 | Close proximity to all demand generators
- Buildable Area | 100+/- Units, 4+/- Stories
- Fully Entitled and Zoned for Hotel Development
- Multiple Franchise Options Available
Investment Overview
Marcus & Millichap is pleased to offer for sale a fee simple interest in the 2.19-acre, Savannah Hotel Site, located in Savannah, Georgia. The subject property is fully entitled and zoned for a hotel site with multiple franchise options available. The buildable area can support 100+/- units and 4+/- stories. Feasibility study is available in the due diligence materials for the hotel site. The subject property is conveniently located near I-95 within close proximity of all demand generators. Nearby attractions include Tanger Outlets, Coastal Empire Fair Grounds, Coastal Georgia Botanical Gardens, Henderson Golf Course, Chatham County Wetlands Preserve, and Oglethorpe Mall. Georgia Southern University Armstrong, 7.9 miles away, is one of three campuses for Georgia Southern University and enrolls more than 5,000 students. Located 14.2 miles away, Hunter Army Air?eld, part of U.S. Army Base Fort Stewart in Hinesville, is home to 5,500 military personnel. This base along with its counterpart Fort Stewart generates an annual economic impact of more than $4.9 Billion. Another major employer for the area is the Georgia Ports Authority which is the largest and fastest growing port in the U.S. The port employs 560,000+ individuals and generators more than $140 Billion in sales each year. Downtown Savannah is a coastal metro known for manicured public parks, horse-drawn carriages, and antebellum architecture. The historic city is extremely walkable and filled with plenty of restaurants, retail, entertainment, historic sites, and tourist attractions. Notable attractions include the Savannah College of Art & Design (SCAD), City Market, River Street, Forsyth Park, and multiple historic museums. 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 of?ces of Gulfstream Aerospace, Georgia Ports Authority, Norfolk Southern, Memorial Health University Medical Center, St. Joseph’s/Candler Hospital, and Brasseler USA
