4071 US 17 - Hospitality FOR SALE


Richmond Hill, GA 31324
$3,800,000 USD
404-398-2090
4071 US 17, Richmond Hill, GA for Sale
$3,800,000 USD
Hospitality - FOR SALE
1/43
null | Request Cap Rate

4071 US 17
Richmond Hill, GA 31324


HIGHLIGHTS

  • Off I-95 Exit 87
  • 20 miles South of Savannah
  • 17 miles SE of Bryan County Megasite with Hyundai Plant
  • 5.5 miles from 1,040-acre Rail Served Industrial Park - Belfast Commerce Park, Richmond Hill
  • 100 miles North of Jacksonville, Florida International Airport
  • High-growth logistics corridor

OVERVIEW

Keys: 111 Year Built: 1984 Property Type: Hospitality Subtype: Hotel Square Footage: 24,716 Buildings: 2 Stories: 2 Zoning: C3 Interchange Commercial Lot Size (acres): 2.3 The Fairbridge Inn Express in Richmond Hill/Savannah, GA, located in Bryan County is being offered for sale. The two-story exterior corridor hotel offers convenient accommodations for both business and leisure travelers. Situated just off I-95, it provides easy access to nearby Savannah, as well as the Hyundai Project located 17 miles to the north. The hotel features 109 rooms, each equipped with essential amenities such as microwaves and refrigerators. Guests can enjoy the hotel's on-site facilities, including a breakfast/meeting room and an outdoor courtyard pool for relaxation. Recent updates to the property include exterior/interior paint, new door locks, LED lighting, and updated landscaping. Richmond Hill is part of Bryan County, one of the fastest-growing counties in the U.S., adding to the area's appeal for both visitors and investors. Investment Highlights: 111 rooms Exterior Corridor Off I-95 Exit 87 20 miles South of Savannah 17 miles SE of Bryan County Megasite with Hyundai Plant 5.5 miles from 1,040-acre Rail Served Industrial Park - Belfast Commerce Park, Richmond Hill 100 miles North of Jacksonville, Florida International Airport High-growth logistics corridor Greater Location 14 Suite Style Richmond Hill, Georgia's strategic location near I-95 nd its proximity to Savannah and major economic hubs make it a prime area for new developments that can significantly drive hotel business. The growth is a mix of residential, industrial, and retail projects, all of which contribute to a higher demand for lodging. Here are the developments coming to Richmond Hill that could drive hotel business in the area: Major Industrial and Manufacturing Growth Hyundai EV Metaplant and Supplier Network: This is by far the biggest driver of economic development in the region. The Hyundai Motor Group's massive electric vehicle and battery manufacturing plant, located nearby in Bryan County, will create thousands of jobs. The plant and its supply chain, including new facilities and expansions by companies like Hwashin and C&H Precision, will generate a huge amount of business travel for construction workers, corporate executives, and technical staff for years to come. This creates a sustained demand for hotel rooms, especially extended-stay options. Logistics and Distribution Centers: Richmond Hill is an attractive location for logistics companies due to its proximity to the Port of Savannah and I-95. The ongoing development of large-scale logistics parks and distribution centers, such as those by Medline and other companies in the area, brings in a steady stream of business-related traffic, including truck drivers, managers, and supply chain professionals. Residential and Commercial Mixed-Use Projects The Averly Richmond Hill: This new $60 million mixed-use development is a major project that will create a more vibrant commercial district. The development includes 291 residential units and over 3.5 acres of retail pad sites along Ford Avenue, near I-95. A project like this creates a new focal point for shopping and dining, making the area more appealing for visitors and generating demand for hotels. New Residential Subdivisions: The city is experiencing rapid residential growth with numerous new home communities. The influx of new residents, often relocating for jobs, leads to an increased need for hotel rooms for their friends, family, and business associates who come to visit or assist with the move. Tourism and Recreational Developments Tourism and Convention Business: The Richmond Hill-Bryan County Chamber of Commerce and the Convention and Visitors Bureau are actively working to attract new business. The city's key attractions, such as the Ford Plantation and the Fort McAllister marina, draw in leisure travelers. Developments that enhance these attractions or create new ones, such as new restaurants and retail, directly contribute to the city's tourism appeal. Special Events: As the population grows, so does the potential for hosting larger events, sports tournaments, and festivals. These events are a significant driver of hotel occupancy, bringing in large groups of visitors for short periods. Please Do Not Call The Hotel or Hotel Employees about the Sale of the Hotel. Absentee Owner.

FOR SALE DETAILS

PRICE

$3,800,000 USD

PRICE/SF

$154 USD /SF

# OF ROOMS

109

PRICE/ROOM

$34,862 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fairbridge Inn Express - Richmond Hill

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1984

PARKING SPACES

115

LAND DETAILS

LAND ACRES

2.3 AC

LAND SF

100,188 SF

ZONING

C3

APN/PARCEL ID

0474-007

ASK ABOUT THIS PROPERTY

Raiyan RabNumarix Real Estate ServicesMore Info
404-398-2090

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Raiyan RabNumarix Real Estate ServicesMore Info
404-398-2090

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