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.
    View Map    View Aerial
  •  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
Thank you for your interest in this Mumford Company Listing. In order to review the financial and operating performance of this property, please complete the required fields below. If you are a real estate broker, please click here and you will be directed to our co-brokerage registration form.




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Financials
2015
2016
2017
T-12Mos 2/18
Occupancy
38.59%
51.82%
49.89%
46.42%
Average Daily Rate
$57.93
$51.27
$55.43
$57.10
Room Revenue
$505,991
$602,835
$625,8263
$599,820
Net Operating Income
$127,187
$156,447
$168,966
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!