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7900 Mall Ring Rd
Lithonia, GA 30038
Comfort Suites Atlanta Area · Hospitality Property For Sale · 55,030 SF
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 5 |
| Property Subtype | Hotel | Year Built/Renovated | 2002/2017 |
| Building Class | B | Tenancy | Single |
| Lot Size | 1.50 AC | Parking Ratio | 1.05/1,000 SF |
| Building Size | 55,030 SF | Corridor | Interior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.50 AC |
| Building Size | 55,030 SF |
| No. Stories | 5 |
| Year Built/Renovated | 2002/2017 |
| Tenancy | Single |
| Parking Ratio | 1.05/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
About 7900 Mall Ring Rd , Lithonia, GA 30038
Comfort Suites Stonecrest is a 83 room, 5 story, interior-corridor hotel built in 2003 and is conveniently located off I-20, exit 75. Hotel features include a fitness center, outdoor pool, complimentary breakfast buffet, self-parking, conference space, and meeting space. Additional amenities the hotel offers are concierge services, dry cleaning/laundry facilities, along with a coffee shop/café. Room amenities the hotel provides are sofa beds, microwave, refrigerator, sitting areas, free Wi-Fi and MP3 docking. Due to the recent conversion, the property is currently ramping up to penetrate market RevPAR. Perfect for an investor to run hands-on and capture market share before the new Stonecrest Sporting Complex opens in 2020 creating even more demand in this submarket of Atlanta. Formerly a Hyatt Place, the subject property was converted to a Comfort Suites in December 2017. Being a flagship hotel under Choice, a higher NOI is expected with more hands-on ownership and yield management.
PROPERTY TAXES
| Parcel Number | 16-151-03-014 | Improvements Assessment | $2,105,584 |
| Land Assessment | $445,086 | Total Assessment | $2,550,670 |
PROPERTY TAXES
zoning
| Zoning Code | C1 (Hotel) |
| C1 (Hotel) |
