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Fairfield Inn & Suites Atlanta McDonough 30 Mill Rd

85 Room Hotel Mcdonough, GA 30253 For Sale

Investment Highlights

  • Complete Change of Ownership PIP completed 2023
  • Four Story, Interior Corridor
  • Near local businesses including The Home Depot, Luxottica, John Deer, Norfolk Southern, BEHR, and others
  • 85 Non-Smoking Guestrooms
  • 18 miles from Hartsfield-Jackson Atlanta International Airport

Executive Summary

Avison Young, as the sole exclusive agent, is pleased to offer the fee simple interest in the Fairfield Inn & Suites Atlanta McDonough. The property is being offered unencumbered of existing debt and management and provides investors with the opportunity to acquire a quality select service asset in the greater Atlanta area which is fully PIP’d. The Hotel is located off exit 221 on I-75 in McDonough, 26 miles south of downtown Atlanta and 18 miles south of Hartsfield-Jackson Atlanta International Airport. The hotel is situated off Jonesboro Road, which is one of the primary shopping, lodging, and dining thoroughfares in the area and connects I-75 to downtown McDonough.
The Fairfield Inn & Suites is performing admirably with an occupancy of 80.4% and ADR over $115 for the month of June 2024. This Hotel will allow a new investor to realize instant yield on day one of their investment while also being able to forecast growth due to the change-of-ownership PIP having been completed.

Data Room Click Here to Access

Property Facts

Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.00 AC
Building Size 53,088 SF
No. Rooms 85
No. Stories 4
Year Built/Renovated 2006/2023
Tenancy Single
Parking Ratio 1.88/1,000 SF
Corridor Interior

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Digital key

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 6 $243.80 CAD -
Guest Room 79 $201.28 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0054-01-027-004
Land Assessment
$514,182 CAD
Improvements Assessment
$2,430,474 CAD
Total Assessment
$2,944,656 CAD

zoning

Zoning Code C-3
C-3
  • Listing ID: 33805857

  • Date on Market: 2024-11-08

  • Last Updated:

  • Address: 30 Mill Rd, Mcdonough, GA 30253

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