4498 Washington Rd - Hospitality FOR SALE


East Point, GA 30344
$7,500,000 USD
404-398-2090
4498 Washington Rd, East Point, GA for Sale
$7,500,000 USD
Hospitality - FOR SALE
1/24
null | Request Cap Rate

4498 Washington Rd
East Point, GA 30344


HIGHLIGHTS

  • Excellent Visibility from Interstate
  • 15 miles from Downtown Atlanta
  • Strategically Located within Close Proximity to All Demand Generators
  • Hotel went through Full Renovation. Minimal to No PIP to New Buyer.
  • Possible Additional Airport Parking Income
  • Less than 3 Miles from the World's Busiest Airport

OVERVIEW

Rooms: 97 Interior Corridor Solid Block Construction Lot Size: 2.43 acres 3 Stories Hotel is located right off Interstate I-285, Exit 1 Excellent Visibility from Interstate 15 miles from Downtown Atlanta Strategically Located within Close Proximity to All Demand Generators Hotel went through Full Renovation. Minimal to No PIP to New Buyer. Bank Financing Available Brand New Elevator Possible Additional Airport Parking Income Less than 3 Miles from the World's Busiest Airport Hard to find 97 Rooms Interior Corridor Hotel in Central Atlanta Location Days Inn by Wyndham Hartsfield Jackson Atlanta Airport West is in the heart of East Point, conveniently located right off Interstate I-285, Exit 1. Minutes from Camp Creek Marketplace and 4 miles from Georgia International Convention Center. This hotel is 11 miles from Lakewood Amphitheatre, 12.8 miles from Georgia State Stadium, and 14 miles from Six Flags Over Georgia. Location Highlights: 1. Proximity & Accessibility 0.5 miles from I-285, providing quick access to Atlanta 3 miles from Hartsfield-Jackson Atlanta International Airport (ATL) 2. Nearby Attractions & Key Locations: Georgia International Convention Center – 4 miles Camp Creek Marketplace (shopping & dining) – 3.5 miles Downtown Atlanta (Georgia Aquarium, World of Coca-Cola, Centennial Olympic Park) – 12.8 miles 3. Business & Travel Convenience Close to business hubs like College Park (4 miles) and Downtown Atlanta (12 miles) Hartsfield-Jackson Atlanta International Airport (ATL) is in the midst of a massive, multi-billion dollar capital improvement program known as ATLNext. The developments are focused on modernizing the airport, expanding its capacity, and improving the passenger experience. Here are some of the key developments and projects underway: Terminal and Concourse Expansion Concourse D Widening: One of the most significant and complex projects is the $1.4 billion expansion of Concourse D. Known as the airport's narrowest concourse, the project will expand its width by 75% and lengthen it by 288 feet. This is being done using a unique modular construction method to keep the concourse operational during renovations. The project is slated for completion in the summer of 2029. Domestic Terminal Modernization: This includes significant upgrades to the domestic terminal, such as a new security screening checkpoint expansion, restroom renovations, and the addition of five new gates to Concourse T. A notable feature is the new $70 million canopy over the domestic terminal's curbside, which provides weather protection and features a programmable LED lighting display. Infrastructure and Transportation Plane Train Upgrade: A major overhaul of the airport's people mover system is underway. A new fleet of 63 energy-efficient train cars is being rolled out as part of a $300 million investment. The new trains, along with a recently completed tunnel extension, will increase the system's capacity and reduce wait times between concourses. The full implementation is expected by early 2026. Parking Decks: To address the growing number of travelers, a new seven-level, $530 million parking deck is under construction at the South Terminal. Scheduled to open in 2026, it will provide an additional 6,700 parking spaces. This is part of a larger plan to rebuild and modernize the existing North and South domestic terminal parking structures. Airfield Improvements: The ATLNext program includes several airfield projects aimed at improving operational efficiency and safety. This involves taxiway realignments, pavement replacement, and the potential for a new sixth runway. Technology and Sustainability Technological Advancements: The airport is integrating advanced technology to streamline operations. This includes the implementation of biometric screening, AI-powered customer service, and modernized baggage handling systems. Sustainability Initiatives: Hartsfield-Jackson is committed to sustainability with a goal of achieving net-zero emissions by 2050. This involves using solar power, energy-efficient lighting, and other green practices. New construction projects are being designed to achieve LEED certification. Please Do Not Call The Hotel or Hotel Employees about the Sale of the Hotel. Absentee Owner.

FOR SALE DETAILS

PRICE

$7,500,000 USD

PRICE/SF

$152 USD /SF

# OF ROOMS

97

PRICE/ROOM

$77,320 {currency}

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Days Inn Atlanta Airport West East Point

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1973

PARKING SPACES

100

LAND DETAILS

LAND ACRES

2.43 AC

LAND SF

105,851 SF

ZONING

C2

APN/PARCEL ID

13-0031-LL-091-6

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.