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Off Market
1/19

125 Venture Dr
Brunswick, GA 31525


HIGHLIGHTS

  • 83-Room Quality Inn, by Choice Hotels
  • Built in 1993 / Renovated in 2021
  • Multiple Diverse Demand Generators
  • $417,000+/- in Recent Renovations
  • Offered at a 3.30x Room Revenue Multiplier (YE 2019)

OVERVIEW

Property Highlights: • 83-Room Quality Inn, by Choice Hotels • Built in 1993 / Renovated in 2021 • Multiple Diverse Demand Generators • Situated on 2.12+/- Acres of Land • $417,000+/- in Recent Renovations • Ideal Room Count for an Owner Operator • On-Site Amenities Include an Outdoor Pool, Free Continental Breakfast, In-Room Safe, Premium WiFi, Guest Laundry, Truck Parking, FEMA Approved Location Highlights: • 4 Miles from FLETC Campus • 6 Miles from College of Coastal Georgia • 11 Miles from Jekyll Island (Entrance) • 12 Miles from St. Simons Island • 13 Miles to Port of Brunswick • Located in the Brunswick Metropolitan Statistical Area Financial Highlights: • List Price of $5,395,000 • 2019 Room Revenue of $1,635,021 • Offered at a 3.30x Room Revenue Multiplier (YE 2019) • Year 1 Room Revenue Projection of $1,525,031 • Year 1 Projected NOI of $539,773 • Year 1 Projected Occupancy / ADR / RevPAR of 69.10% / $72.85 / $50.34 • SBA Financing Available • Seller Financing Available - Subject to Approval

FOR SALE DETAILS

PRICE

-

# OF ROOMS

-

CAP RATE

-

BUILDING DETAILS

PROPERTY NAME

Quality Inn Brunswick

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

25000

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1993

PARKING SPACES

100

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

FC

APN/PARCEL ID

03-12836