100 PM Watson Dr - Hospitality FOR SALE


Dublin, GA 31021
$2,200,000 USD
404-398-2090
100 PM Watson Dr, Dublin, GA for Sale
$2,200,000 USD
Hospitality - FOR SALE
1/12
null | Request Cap Rate

100 PM Watson Dr
Dublin, GA 31021


HIGHLIGHTS

  • Land Leased
  • New Roof
  • Outdoor Gazebo with Bar-B-Que grill
  • Located off 1-16
  • Approx. 70 Miles from Savannah
  • Approx. 50 Miles from Macon

OVERVIEW

42 Rooms 2 Story Exterior Land Leased 60 yr land lease @$2,000 per month New Roof Outdoor Gazebo with Bar-B-Que grill Located off 1-16 Restaurants within walking distance Approx. 70 Miles from Savannah Approx. 50 Miles from Macon Dublin, Georgia is strategically located along I-16, a major route connecting Macon and Savannah. As a result, many of the developments that could drive hotel business in the area are focused on capitalizing on this location to attract both travelers and new residents. Here are some of the key developments that could drive hotel business in Dublin, GA: New Commercial and Mixed-Use Developments Proposed Shopping Mall and Mixed-Use Development: A significant project that could directly impact hotel demand is a proposed mixed-use development near I-16. This plan includes a new shopping mall, restaurants, apartments, and a 120-key hotel. This type of development creates a self-contained destination that attracts both travelers and local residents, providing new reasons for people to stay in the area for shopping, dining, and leisure. Industrial and Economic Growth Hwashin Automotive Parts Facility: The arrival of Hwashin, a South Korean automotive parts company, with its new manufacturing facility in Dublin is a major economic driver. This investment, which is creating over 460 new jobs, will bring a significant number of business travelers to the area for corporate visits, training, and ongoing operations. This consistent flow of corporate demand is a key factor in driving hotel occupancy. Industrial Park Development: Dublin has been actively preparing industrial sites for development through programs like the "Georgia Ready for Accelerated Development" (GRAD) Program. This "speed-to-market" strategy has been successful in attracting companies and is paving the way for future industrial and business growth. As more companies choose to locate in Dublin, the demand for business-related hotel stays will continue to grow. Tourism and Community Enhancements Southern Pines Regional Park: The ongoing development and popularity of attractions like Southern Pines Regional Park & Equestrian Center and its water park are a significant driver of tourism. These venues host events, tournaments, and family gatherings that bring in visitors from across the state and beyond, directly increasing the demand for hotels. Revitalization of Historic Downtown: Dublin has an award-winning downtown revitalization program. The preservation of historic buildings, new businesses, and cultural attractions like Theatre Dublin and the Downtown Dublin Walking Tour make the city a more appealing destination for leisure travelers who are interested in history and local culture. The city's focus on these "uniquely Dublin" experiences helps it stand out from other locations along the interstate. Special Events: Dublin's tourism strategy focuses on promoting events and festivals that attract both locals and tourists. The success of these events, which range from farmers' markets to cultural festivals, directly correlates to an increase in hotel bookings. The city's marketing organization, Visit Dublin GA, plays a key role in publicizing these events to potential visitors. Please Do Not Call The Hotel or Hotel Employees about the Sale of the Hotel. Absentee Owner.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$160 USD /SF

# OF ROOMS

42

PRICE/ROOM

$52,381 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Baymont by Wyndham Dublin

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1997

PARKING SPACES

69

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,728 SF

ZONING

C-3

APN/PARCEL ID

D13A-007

ASK ABOUT THIS PROPERTY

Raiyan RabNumarix Real Estate ServicesMore Info
404-398-2090

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Raiyan RabNumarix Real Estate ServicesMore Info
404-398-2090

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.