404-514-0242
2720 Riverside Dr, Macon-Bibb, GA for Sale
Hospitality - FOR SALE
1/4
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2720 Riverside Dr
Macon-Bibb, GA 31204


HIGHLIGHTS

  • Exceptionally car-friendly location with 24,000± VPD on Riverside Drive
  • Amenities include a pool, fitness center, business center & 325± SF meeting space
  • Proximate to downtown Macon, Mercer University, outdoor recreation & regional attractions
  • Benefits from established franchise branding with potential to rebrand

OVERVIEW

The Hilco Global Real Estate Practice announces October 5 as the auction date for the Red Roof Inn & Suites Macon. This 89-room, economy-class, franchise-affiliated hotel sits just off Interstate 75 in the Riverside Plaza submarket of Macon, Georgia. Built in 1974 and renovated in 2018, the six-story, masonry-constructed property sits on a 1.17± AC site and features an outdoor pool, fitness center, business center and 325± SF of meeting space. The hotel benefits from excellent highway visibility and accessibility, with more than 24,000 vehicles passing daily on Riverside Drive. Positioned between downtown Macon and the Northside business district, the property is near key demand generators including Mercer University, the Tubman Museum, the Museum of Arts and Sciences and Lake Tobesofkee Recreation Area. The Riverside Plaza submarket reported 54.7% occupancy and a $90.09 ADR over the trailing 12 months, making the area ideal for investors looking for economy-grade hotels with strong performances.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

89

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Red Roof Inn & Suites Macon

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

6

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1974

PARKING SPACES

70

LAND DETAILS

LAND ACRES

1.17 AC

LAND SF

50,965 SF

ZONING

C-4

APN/PARCEL ID

O054-0185

ASK ABOUT THIS PROPERTY

Weston WorshamHilco GlobalMore Info
404-514-0242

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Weston WorshamHilco GlobalMore Info
404-514-0242

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