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Hotel-Motel

Avid Hotel Savannah South - Gateway

9 Gateway Blvd E, Savannah, GA 31419

Listing Price: $13,500,000

Cap Rate
5.11%
Number of Rooms
95
RevPAR
$61
Gross SF
56,000
Price/Room
$142,105
RRM
6.41
Price/Gross SF
$241.07
Year Built
2021

Investment Overview

Marcus & Millichap is pleased to offer for sale a fee-simple interest in the 95-key, Avid Hotel Savannah South - Gateway. This well-appointed hotel was constructed in 2021 and is situated on approximately 3 acres. Guest rooms provide complimentary Wi-Fi and HDTVs, plus minifridges, microwaves, hair dryers, ironing boards and coffeemakers. Located at the I 95 and GA 204 intersection, the hotel is 10 miles from Savannah Hilton Head International Airport.

Investment Highlights

  • Fee simple interest in the 95-unit, Avid Hotel Savannah South - Gateway
  • Strategically located within walking distance to many restaurants
  • Diverse demand generators including Leisure, Corporate, College, and transient

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Hotel-Motel

Avid Hotel Savannah South - Gateway

Listing Price: $13,500,000

Cap Rate
5.11%
Number of Rooms
95
RevPAR
$61
Gross SF
56,000
Price/Room
$142,105
RRM
6.41
Price/Gross SF
$241.07
Year Built
2021

Investment Highlights

  • Fee simple interest in the 95-unit, Avid Hotel Savannah South - Gateway
  • Strategically located within walking distance to many restaurants
  • Diverse demand generators including Leisure, Corporate, College, and transient

Investment Overview

Marcus & Millichap is pleased to offer for sale a fee-simple interest in the 95-key, Avid Hotel Savannah South - Gateway. This well-appointed hotel was constructed in 2021 and is situated on approximately 3 acres. Guest rooms provide complimentary Wi-Fi and HDTVs, plus minifridges, microwaves, hair dryers, ironing boards and coffeemakers. Located at the I 95 and GA 204 intersection, the hotel is 10 miles from Savannah Hilton Head International Airport.

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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