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, with minimal renovations still required by brand
  •  60 - Room, all- suite room configuration in a two-story, interior-corridor building
  •  Sellers are absentee owners based in Mid-Atlantic
    View Map    View Aerial
  •  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 click here and you will be directed to our co-brokerage registration form.




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Financials
2018
2019
T-12Mos 6/20
Occupancy
45.42%
58.81%
64.72%
Average Daily Rate
$58.12
$48.53
$46.99
RevPar
$26.40
$28.54
$30.41
Room Revenue
$597,444
$645,928
$690,128
Net Operating Income
$154,236
$156,974
$203,411
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!