Red Roof Inn & Suites


Price:
$2,350,000

Address :
1400 Dawson Rd
Albany, GA 31707


  •  Strong growth in revenues and profitability.
  •  Located in Georgia’s Good Life City, Albany has a diverse set of demand generators for a hotel or extended-stay property to attract guests.
  •  Interior-corridor and all-suite room configuration combine to offer good rebranding opportunities.
  •  Two and a half hour drive from Atlanta.
  •  Hotel is being offered subject to Red Roof Inn & Suites franchise with a reduced transfer fee. A property improvement plan is available for review.
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  •  Albany serves as the commercial, medical, cultural, and educational hub of 17 counties in southwest Georgia that is home to 425,604 residents
  •  Close to Regional Demand Generators, Including...
    •  2.0 Miles to Phoebe Putney Memorial Hospital
    •  2.3 Miles to Flint RiverQuarium
    •  2.7 Miles to Albany State University
    •  2.8 Miles to Albany Mall
    •  3.4 Miles to M&M/MARS Chocolate North America
    •  7.7 Miles to Miller Coors Brewery
    •  10.8 Miles to Marine Corps Logistics Base Albany
  •  62 Rooms
  •  Continental Breakfast Room
  •  Boardroom
  •  Business Center
  •  Presidential Suite House- 2 1-Bedroom units with living room in separate residential building
  •  2 Stories
  •  Interior Corridor
  •  Wood Frame Structure
  •  EIFS Facade
  •  Asphalt Parking Lot
  •  Built 1993
Financials
2015
2016
T-12Mos 8/17
Occupancy
38.59%
51.82%
57.07%
Average Daily Rate
$57.93
$51.27
$52.40
Room Revenue
$505,991
$602,835
$676,666
Net Operating Income
$127,187
$156,447
N/A
This is a confidential offering intended for the recipient's use in determining the advisability of negotiating for purchase. Do NOT Contact the Property Directly! All Showings by Appointment Only!