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Hotel-Motel

Baymont by Wyndham Thomasville

1470 Remington Ave, Thomasville, GA 31792

Listing Price: $3,370,000

Cap Rate
8.56%
Number of Rooms
40
RevPAR
$49
Gross SF
20,000
Price/Room
$84,250
Price/Gross SF
$168.50
Year Built
1998

Investment Overview

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 40-room Baymont by Wyndham hotel located off U.S Route 19 in Thomasville, Georgia. Thomasville, also known as the "City of Roses" as it hosts its famous Rose Festival each year during the last week of April. Thomasville is a historic city located in Thomas County, and is less than an hour away from Tallahassee, Florida, home to the Florida State Seminoles. The hotel is a short distance from demand generators such as the Thomasville Rose Garden, Cherokee Lake Park, Thomasville's Historic Big Oak, and Thomasville Regional Airport, among others. The Baymont Inn & Suites hotel offers investors the opportunity to acquire a 40-room hotel with Minimal PIP.

Investment Highlights

  • The Baymont by Wyndham is located off of U.S. Route 19 in Thomasville, Georgia. It is an Excellent Entry Level Property for a First-Time Hotel Investor.
  • Ability to Keep the Property a Baymont by Wyndham or Value-Add Repositioning Opportunity to Convert to a Different Flag.
  • Property has Existing Contracts with Two Major Transportation Companies Which Provides a Consistent Base Business and High Occupancy. Outperforms Comp Set in Terms of Occupancy Every Year

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Hotel-Motel

Baymont by Wyndham Thomasville

Listing Price: $3,370,000

Cap Rate
8.56%
Number of Rooms
40
RevPAR
$49
Gross SF
20,000
Price/Room
$84,250
Price/Gross SF
$168.50
Year Built
1998

Investment Highlights

  • The Baymont by Wyndham is located off of U.S. Route 19 in Thomasville, Georgia. It is an Excellent Entry Level Property for a First-Time Hotel Investor.
  • Ability to Keep the Property a Baymont by Wyndham or Value-Add Repositioning Opportunity to Convert to a Different Flag.
  • Property has Existing Contracts with Two Major Transportation Companies Which Provides a Consistent Base Business and High Occupancy. Outperforms Comp Set in Terms of Occupancy Every Year

Investment Overview

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 40-room Baymont by Wyndham hotel located off U.S Route 19 in Thomasville, Georgia. Thomasville, also known as the "City of Roses" as it hosts its famous Rose Festival each year during the last week of April. Thomasville is a historic city located in Thomas County, and is less than an hour away from Tallahassee, Florida, home to the Florida State Seminoles. The hotel is a short distance from demand generators such as the Thomasville Rose Garden, Cherokee Lake Park, Thomasville's Historic Big Oak, and Thomasville Regional Airport, among others. The Baymont Inn & Suites hotel offers investors the opportunity to acquire a 40-room hotel with Minimal PIP.

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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