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Red Roof Inn & Suites
Price:
$2,350,000
Address :
1400 Dawson Rd
Albany, GA 31707
Located in Georgia’s 7th most populous city - less than a 2.5 hour drive from Atlanta
Albany has a diverse base of demand generators across sectors of manufacturing, military, health-care and higher education
Seller has completed major renovations to guest rooms, public space and exterior
60 - Room, all- suite room configuration in a two-story, interior-corridor building
This property
IS NOT
available for Co-Brokerage.
Location/Market
Physical Plant
Financials
Albany is the hub of a 17-county Southwest Georgia market area that is home to over 425,000 people
Albany is at the crossroads of four-lane US Highways 19 and 82.
Southwest Georgia Regional Airport is Georgia’s second largest cargo airport by landed weight and is home to a UPS sorting facility.
Centrally Located to Regional Demand Generators:
2.3 Miles to Flint RiverQuarium
2.6 Miles to Phoebe Putney Memorial Hospital
2.8 Miles to Albany Civic Center & Veterans’ Amphitheater
2. 9 Miles to Albany Mall
2.9 Miles to Albany State University
11 Miles to Marine Corps Logistics Base - Albany
2 Stories
Interior Corridors
Wood Frame Structure
EIFS Facade
Pitched Metal and Rubber Membrane Roof
Asphalt Parking Lot
Complimentary Breakfast Room (Seats 24)
Boardroom
Wireless Internet
Presidential Suite House/ Managers House features two 1-bedroom units with living room (1 unit includes kitchen) located in separate residential building
±1.14 Acres
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
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Financials
2018
2019
T-12Mos 9/20
Occupancy
45.42%
58.81%
66.49%
Average Daily Rate
$58.12
$48.53
$48.73
RevPar
$26.40
$28.54
$32.40
Room Revenue
$597,444
$645,928
$711,481
Net Operating Income
$154,236
$156,974
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!
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