813-767-9953
2692 Peachtree Pky, Suwanee, GA for Sale
Hospitality - FOR SALE
1/11
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2692 Peachtree Pky
Suwanee, GA 30024


HIGHLIGHTS

  • • 82 Rooms | 4 Stories | Interior Corridor | 2020 Construction
  • • Premium All-Suite Product with Larger Room Sizes
  • • Minimal PIP | Low CapEx Needs
  • • Opportunity to Push ADR & RevPAR
  • • 30.5 Miles to Downtown Atlanta
  • • YE 2025 ADR / RevPAR / OCC: $103.62 ADR / $63.21 RevPAR / 61.00% OCC

OVERVIEW

OFFERING OVERVIEW: DSH Hotel Advisors has been retained as the exclusive broker to market for sale the SpringHill Suites Suwanee Johns Creek. The 82-room hotel was constructed in 2020 and is located in Suwanee, Georgia within the Johns Creek submarket of the Atlanta MSA. As a Marriott branded hotel, the property benefits from strong brand recognition and an all-suite product offering. The hotel offers convenient access to Interstate 85, providing strong connectivity to one of the region’s primary commercial corridors and proximity to major corporate, healthcare, and residential demand drivers. The property’s location within a high-growth, high-income submarket supports a diverse mix of corporate and leisure demand. As part of the SpringHill Suites by Marriott International platform, the hotel presents investors with an opportunity to acquire a well-positioned asset with stable cash flow potential and long-term upside. PROPERTY OVERVIEW: The subject property remains in good condition, supported by recent renovations and an ongoing capital improvement plan. A change of-ownership Property Improvement Plan (PIP) is estimated to cost approximately $100,000+/-, though this figure is only a preliminary estimate. *The actual PIP requirements must be verified directly with Marriott Hotels, as they are determined solely at the franchisor’s discretion and may vary in both scope and cost. This includes, without limitation, any franchisor requirements related to a change of ownership. The Recipient is solely responsible for independently verifying all such matters. All information is deemed reliable but not guaranteed, and DSH Hotel Advisors has not inspected the property; no representations are made regarding the asset’s physical condition or the accuracy of financials or documents. MARKET OVERVIEW: The SpringHill Suites Suwanee Johns Creek is located within the Atlanta–Sandy Springs–Alpharetta Metropolitan Statistical Area, one of the fastest-growing and most economically diverse regions in the Southeast. The City of Suwanee is situated in Gwinnett County, approximately 30 miles northeast of downtown Atlanta, with convenient access via Interstate 85, a major north–south corridor supporting significant regional connectivity. Gwinnett County is one of Georgia’s most populous and affluent counties, known for its strong demographics, highly rated school systems, and continued residential and commercial growth. The immediate Johns Creek/Suwanee submarket is a prominent corporate and residential hub, anchored by a strong base of healthcare, technology, and professional services employers. Major demand generators in the area include Northside Hospital Duluth, Emory Johns Creek Hospital, and a concentration of corporate offices and business parks throughout the Gwinnett Place and Sugarloaf submarkets. The area is also supported by proximity to Gas South District, a major convention and entertainment venue, as well as access to Hartsfield-Jackson Atlanta International Airport. With sustained population growth, strong household incomes, and ongoing business expansion, the Suwanee/Johns Creek market continues to demonstrate long-term stability and demand for hotel accommodations. Property Highlights: • SpringHill Suites by Marriott Suwanee Johns Creek • 82 Rooms | 4 Stories | Interior Corridor • Year Built - 2020 • Premium All-Suite Product with Larger Room Sizes • Minimal PIP | Low CapEx Needs • Opportunity to Push ADR & RevPAR • Amenities Include: Pool, Fitness Center, Business Center, Snack Area, Dining Area Location Highlights: • 2.7 Miles to Emory Johns Creek Hospital • 9 Miles to Suwanee Town Center Park • 15.4 Miles to Coolray Field • 23.5 Miles to Lake City • 30.5 Miles to Downtown Atlanta • 44.3 Miles to Hartford-Jackson Atlanta International Airport Financial Highlights: • List Price of Market-Bid • YE 2025 ADR / RevPAR / OCC: $103.62 ADR / $63.21 RevPAR / 61.00% OCC • YE 2025 Room Revenue: $1,893,432 • Year 1 Projected Room Revenue: $2,142,407

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

82

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

SpringHill Suites Suwanee Johns Creek

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2020

PARKING SPACES

75

LAND DETAILS

LAND ACRES

2.04 AC

LAND SF

88,862 SF

ZONING

CBD

APN/PARCEL ID

113-882

ASK ABOUT THIS PROPERTY

Dennis Hopper CCIMDSH Hotel AdvisorsMore Info
813-767-9953

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Dennis Hopper CCIMDSH Hotel AdvisorsMore Info
813-767-9953

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