425 Country Club Dr - Boutique Hotel Conversion - Golf Resort
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425 Country Club Dr - Boutique Hotel Conversion - Golf Resort
34,823 SF Health Care Building Offered at $12,189,595 CAD in Stockbridge, GA 30281
Investment Highlights
- 60 Non-smoking guestrooms
- Primed for conversion to Marriott/Hilton/IHG Soft branded hotel
- Three-Story, interior corridor
- Located with direct exposure to Eagles Landing Country Club
Executive Summary
Avison Young is pleased to exclusively offer the opportunity to purchase and convert to a high-end hotel brand, Golden Crest Senior Living. Built in 1990, this 60-unit, 34,823 square foot (SF) class B health care building is well situated at 425 Country Club Drive in Stockbridge, GA, and primed for a hotel conversion The property features 68 surface-level parking spaces across its 6.92 acres of land. With direct exposure to Country Club Drive, this property is positioned excellently for commute and access to nearby amenities and has minimal competition in the market given its high-end potential.
DISCOUNT TO REPLACEMENT COST
Over the last several years as the economy has continued to grow, both labor and materials have reached all-time peaks leading to soaring construction costs for new build projects. Conversely, this property is being offered at a substantial discount compared to the price to replicate the same assets today, offering a new investor immediate value from day one.
DISCOUNT TO REPLACEMENT COST
Over the last several years as the economy has continued to grow, both labor and materials have reached all-time peaks leading to soaring construction costs for new build projects. Conversely, this property is being offered at a substantial discount compared to the price to replicate the same assets today, offering a new investor immediate value from day one.
Property Facts Under Contract
| Price | $12,189,595 CAD | Lot Size | 6.92 AC |
| Price Per Bed | $203,160 CAD | Building Size | 34,823 SF |
| Sale Type | Investment | No. Beds | 60 |
| Property Type | Health Care | No. Stories | 3 |
| Property Subtype | Assisted Living | Year Built | 1990 |
| Building Class | B | Parking Ratio | 1.95/1,000 SF |
| Price | $12,189,595 CAD |
| Price Per Bed | $203,160 CAD |
| Sale Type | Investment |
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Building Class | B |
| Lot Size | 6.92 AC |
| Building Size | 34,823 SF |
| No. Beds | 60 |
| No. Stories | 3 |
| Year Built | 1990 |
| Parking Ratio | 1.95/1,000 SF |
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zoning
| Zoning Code | C1 (Central business district) |
| C1 (Central business district) |
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425 Country Club Dr - Boutique Hotel Conversion - Golf Resort
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