2621 N Columbia St - Hospitality FOR SALE


Milledgeville, GA 31061
$5,200,000 USD
561-227-2676
2621 N Columbia St, Milledgeville, GA for Sale
$5,200,000 USD
Hospitality - FOR SALE
1/29
null | Request Cap Rate

2621 N Columbia St
Milledgeville, GA 31061


HIGHLIGHTS

  • Excellent Opportunity For A First-Time Hotel Buyer Or Owner-Operator Having 48 Guest Rooms
  • Conveniently Located Off US-441
  • Comfort Suites Is A Highly Desirable Brand By Both Investors And Guests
  • The property Sits on ~2.13 Acres
  • Georgia College & State University, Georgia Military College, and Central Georgia Technical College are all within close proximity.
  • Nearby leisure attractions include Lake Sinclair and the vibrant Historic Downtown Milledgeville district.

OVERVIEW

Cushman & Wakefield’s Hospitality Group has been retained to offer for sale the fee simple interest in the 48-room Comfort Suites, located in Milledgeville, Georgia. The property is a two-story, limited-service hotel ideally positioned along US-441, offering excellent visibility and accessibility to both leisure and business travelers visiting Georgia College & State University, Georgia Military College, Central Georgia Technical College, Lake Sinclair, and downtown Milledgeville, among others. This all-suite hotel caters to the area’s consistent demand drivers while offering potential upside through strategic revenue management and operational efficiencies. The Comfort Suites Milledgeville offers investors the opportunity to acquire a 48-room property in a growing market with value-add potential.

FOR SALE DETAILS

PRICE

$5,200,000 USD

PRICE/SF

$77 USD /SF

# OF ROOMS

48

PRICE/ROOM

$108,333 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Comfort Suites Milledgeville

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1998

PARKING SPACES

54

LAND DETAILS

LAND ACRES

2.13 AC

LAND SF

92,783 SF

ZONING

001

APN/PARCEL ID

M70-039

ASK ABOUT THIS PROPERTY

Ely SilversteinCushman & WakefieldMore Info
561-227-2676

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Ely SilversteinCushman & WakefieldMore Info
561-227-2676

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