2240 Gray Hwy - Hospitality FOR SALE


Macon-Bibb, GA 31211
$1,100,000 USD
478-803-4134
2240 Gray Hwy, Macon-Bibb, GA for Sale
$1,100,000 USD
Hospitality - FOR SALE
1/9
null | Request Cap Rate

2240 Gray Hwy
Macon-Bibb, GA 31211


HIGHLIGHTS

  • Fully operational Motel
  • 17 Units
  • Excellent frontage on Gray Highway
  • Easy access to I-16 and I-75
  • Consistently occupied!
  • Site consists of over 10 AC of land

OVERVIEW

Fully Operational, 17-Unit, Motel/Extended Stay, with Ample Parking (40± spots) fronting Gray Highway, in Macon-Bibb County. This property is consistently occupied, with very little vacancy. Over 10 acres of land accompanies this nearly 8,000 sf motel as well. Brand new roof installed in late 2023. Conveniently situated in Bibb County, this property is just over two miles from Historic Downtown Macon and all of its attractions and amenities. The location also offers easy access to public transportation and is approximately 2.5± miles from both I-16 and I-75.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$148 USD /SF

# OF ROOMS

17

PRICE/ROOM

$64,706 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Courtesy Court

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1952

PARKING SPACES

40

LAND DETAILS

LAND ACRES

11.1 AC

LAND SF

483,516 SF

ZONING

C-4

APN/PARCEL ID

S053-0011

ASK ABOUT THIS PROPERTY

Joseph BowenFickling & CompanyMore Info
478-803-4134

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Joseph BowenFickling & CompanyMore Info
478-803-4134

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