Hotel-Motel
La Quinta Inn & Suites Albany
2735 Dawson Rd, Albany, GA 31707
Listing Price: $8,200,000
Investment Overview
Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 86-room La Quinta Inn & Suites located in Albany, Georgia. La Quinta Inn & Suites Albany provides the opportunity for a new owner to acquire a stable, positive-trending limited-service hotel with potential to realize significant RevPAR growth through hands-on management and utilization of the Wyndham name, reservation system, and loyal base of guests.
La Quinta Inn & Suites Albany
Investment Highlights
- Running 12-Month RevPAR Grew 8.4% Year-Over-Year
- Large Year-Over-Year Occupancy Increase (8.2%)
- Significant Renovations Recently Completed With Minimal PIP Expected
- Low Location-Based Expenses
- Proximate to Procter & Gamble, Southwest Georgia Regional Airport, Albany State University, Mars Chocolate, and More
Exclusively Listed By
Broker of Record
-
John Leonard
Senior Managing Director, Market Leader- Atlanta
Listing Price: $8,200,000
Investment Highlights
- Running 12-Month RevPAR Grew 8.4% Year-Over-Year
- Large Year-Over-Year Occupancy Increase (8.2%)
- Significant Renovations Recently Completed With Minimal PIP Expected
- Low Location-Based Expenses
- Proximate to Procter & Gamble, Southwest Georgia Regional Airport, Albany State University, Mars Chocolate, and More
Investment Overview
Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 86-room La Quinta Inn & Suites located in Albany, Georgia. La Quinta Inn & Suites Albany provides the opportunity for a new owner to acquire a stable, positive-trending limited-service hotel with potential to realize significant RevPAR growth through hands-on management and utilization of the Wyndham name, reservation system, and loyal base of guests.
Exclusively Listed By
Broker of Record
-
John Leonard
Senior Managing Director, Market Leader- Atlanta
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