Hotel-Motel

Quality Suites Atlanta Airport East

Listing Price: $4,950,000

Cap Rate
10.84%
Number of Rooms
77
RevPAR
$52
Price/Room
$64,286
RRM
3.39
Year Built
1996

Investment Overview

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 77 room Quality Suites located in Forest Park, a suburb of Atlanta, Georgia. The Quality Suites is a 1996-build, four-story property located just off Interstate 75, providing ease of access for commerce and tourism. Quality Suites Atlanta Airport East provides the opportunity for a new owner to enjoy a property that was recently converted from a Ramada to the current Quality Suites with potential to realize significant RevPAR growth through a complete re-branding and utilization of the Choice reservation system, and base of guests.

Investment Highlights

  • Property is Less Than a Mile From Interstate 75
  • Newly Renovated From a Ramada in January 2018
  • High NOI Percentage, Relative to Revenue
  • All Suites, Four Story, Interior Corridor Hotel

Exclusively Listed By

Hotel-Motel

Quality Suites Atlanta Airport East

Listing Price: $4,950,000

Cap Rate
10.84%
Number of Rooms
77
RevPAR
$52
Price/Room
$64,286
RRM
3.39
Year Built
1996

Investment Highlights

  • Property is Less Than a Mile From Interstate 75
  • Newly Renovated From a Ramada in January 2018
  • High NOI Percentage, Relative to Revenue
  • All Suites, Four Story, Interior Corridor Hotel

Investment Overview

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 77 room Quality Suites located in Forest Park, a suburb of Atlanta, Georgia. The Quality Suites is a 1996-build, four-story property located just off Interstate 75, providing ease of access for commerce and tourism. Quality Suites Atlanta Airport East provides the opportunity for a new owner to enjoy a property that was recently converted from a Ramada to the current Quality Suites with potential to realize significant RevPAR growth through a complete re-branding and utilization of the Choice reservation system, and base of guests.

Exclusively Listed By

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