3027 Washington Rd - Hospitality FOR SALE


Augusta, GA 30907- Westside
$2,000,000 USD
805-500-2155
3027 Washington Rd, Augusta, GA for Sale
$2,000,000 USD
Hospitality - FOR SALE
1/7
null | Request Cap Rate

3027 Washington Rd
Augusta, GA 30907
Westside


HIGHLIGHTS

  • 48 unit, two-story, exterior corridor
  • Nationally recognized franchise—part of the Choice Hotels portfolio
  • Offered at $41,667/key
  • Located on I-20 between Atlanta and Columbia
  • Prime position on the main road to Augusta National Golf Club, home of The Masters Tournament

OVERVIEW

Kevin Bleier and The Bowman Post Group are pleased to present for sale the Rodeway Inn in Augusta, GA, a compelling opportunity due to its strategic location in a market with both stable, year-round demand and an unparalleled annual revenue driver. As a 48-unit, economy-segment hotel, it benefits from the consistent demand generated by Fort Eisenhower, Augusta's thriving healthcare industry, and a growing technology sector. Its affiliation with Choice Hotels provides brand recognition and a robust reservation system, making it a manageable asset for a hands-on investor. The property's value is further enhanced by its position in a market that has shown strong performance metrics, including recent double-digit growth in occupancy, ADR, and RevPAR, indicating a healthy and expanding hospitality sector. The true investment appeal, however, lies in The Masters Tournament. For one week each April, this single event creates a surge in demand that allows hotel operators to command a massive premium on nightly rates, with prices often increasing by hundreds of dollars per room. This extreme pricing power means the property can generate a significant portion of its annual revenue in just a few days. The Rodeway Inn’s location on Washington Road, a main thoroughfare to the Augusta National Golf Club, places it in a prime position to capitalize on this unique event, making it an attractive asset for investors seeking a property with predictable, high-impact revenue spikes that are largely immune to broader economic fluctuations.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$136 USD /SF

# OF ROOMS

48

PRICE/ROOM

$41,667 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rodeway Inn Augusta

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1979

PARKING SPACES

64

LAND DETAILS

LAND ACRES

2.32 AC

LAND SF

100,858 SF

ZONING

B-2

APN/PARCEL ID

0121160000

ASK ABOUT THIS PROPERTY

Kevin BleierNewGen AdMore Info
805-500-2155

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

Kevin BleierNewGen AdMore Info
805-500-2155

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