Sonesta Essential Augusta | 3037 Washington Rd
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Sonesta Essential Augusta 3037 Washington Rd
57 Room Hotel Augusta, GA 30907 $5,484,160 CAD ($96,213 CAD/Room) 12.24% Cap Rate
INVESTMENT HIGHLIGHTS
- Busy Corridor, Near lots of Restaurants, Bars, Shopping.
- Just minutes away from Fort Gordon, Medical Hospitals, Airport, Augusta Downtown, River Walk, Plant Vogle
- Interior corridor, Newly Renovated
EXECUTIVE SUMMARY
Prime investment property. Located in Augusta, GA on busy Washington Rd Exit off a I-20. This 58 Room Hotel newly renovated converted to Sonesta Brand. Will be great addition to any portfolio or will be suitable for Owner Operator. This Hotel has great potential with right operation.
PROPERTY FACTS
| Price | $5,484,160 CAD | Building Size | 28,467 SF |
| Price Per Room | $96,213 CAD | No. Rooms | 57 |
| Sale Type | Investment | No. Stories | 3 |
| Cap Rate | 12.24% | Year Built/Renovated | 1999/2020 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Hotel | Parking Ratio | 2.11/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 1.96 AC |
| Price | $5,484,160 CAD |
| Price Per Room | $96,213 CAD |
| Sale Type | Investment |
| Cap Rate | 12.24% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.96 AC |
| Building Size | 28,467 SF |
| No. Rooms | 57 |
| No. Stories | 3 |
| Year Built/Renovated | 1999/2020 |
| Tenancy | Single |
| Parking Ratio | 2.11/1,000 SF |
| Corridor | Interior |
AMENITIES
- Business Center
- Fitness Center
- High Speed Internet Access
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 4 | $119.79 CAD | - |
| Guest Room | 53 | $99.58 CAD | - |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $862,759 CAD | |
| Land Assessment | $229,412 CAD | Total Assessment | $1,092,171 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$229,412 CAD
Improvements Assessment
$862,759 CAD
Total Assessment
$1,092,171 CAD
ZONING
| Zoning Code | B-2 (hotel) |
| B-2 (hotel) |
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Presented by
Vishal Development Inc
Sonesta Essential Augusta | 3037 Washington Rd
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