4601 Best Rd - Hospitality FOR SALE


College Park, GA 30337
$20,000,000 USD
404-398-2090
4601 Best Rd, College Park, GA for Sale
$20,000,000 USD
Hospitality - FOR SALE
1/35
null | Request Cap Rate

4601 Best Rd
College Park, GA 30337


HIGHLIGHTS

  • Soundproof Solid Block Construction
  • Close to all and every demand generators
  • Bank Financing Available
  • Seller PIP Completed
  • Minimal Soft PIP for the New Buyer

OVERVIEW

Rooms: 160 Interior Corridor Lot Size: 3 acres 6 Stories Soundproof Solid Block Construction Close to all and every demand generators Bank Financing Available Seller PIP Completed Minimal Soft PIP for the New Buyer Holiday Inn Express Atlanta Airport-College Park is located just minutes from Hartsfield-Jackson Atlanta International Airport, with domestic terminals only 1.6 miles away. Its central position near Interstate I-85, I-285, and I-75 offers seamless access to the Georgia International Convention Center, just 1.4 miles away, and Downtown Atlanta, only 10.8 miles away. Atlanta’s top attractions, including the Georgia Aquarium and World of Coca-Cola, are conveniently within 13 miles. The hotel's location is also positioned near key corporate and logistical hubs such as Delta’s Headquarters and Training Center (3.6 miles), the Amazon Distribution Center (4.5 miles), FAA and FedEx facilities (2.3 miles), UPS Airport Facility (4.3 miles), and Chick-Fil-A Headquarters (4.5 miles). Just within close proximity to the College Park MARTA Rail Station (1.7 miles) provides connections to nearby dining, shopping, and entertainment. With close access to Atlanta Speedway (24.9 miles), Lakewood Amphitheater (8.5 miles), and Centennial Olympic Park (12 miles), the hotel serves as a strategic and well-connected base in the Atlanta area. Location Highlights: 1. Proximity to Atlanta Hartsfield-Jackson International Airport - Situated only 3.4 miles from Atlanta's primary airport, this location ensures quick and seamless access for easy arrivals and departures. A complimentary shuttle service to the airport further enhances connectivity. 2. Access to Major Highways - With direct access to I-85, I-285, and Camp Creek Parkway, this location allows convenient travel to Downtown Atlanta, Midtown, and surrounding areas. Key Atlanta neighborhoods and business districts are easily reachable within minutes. 3. Nearby Business Hubs and Convention Centers - Only 1.5 miles from the Georgia International Convention Center (GICC), the hotel is ideally positioned for those attending conferences and events. Additionally, access to Atlanta's major business areas, such as Peachtree Center (10 miles) and Buckhead (20 miles), makes it a strategic base for professional activities. 4. Local Attractions - Located within a few miles of notable attractions, including the Delta Flight Museum (3 miles), Porsche Experience Center (5 miles), and College Park Golf Course (2 miles). Downtown Atlanta's top destinations, such as the Georgia Aquarium, World of Coca-Cola, and Centennial Olympic Park, are all accessible within a 13-mile radius. 5. Dining and Shopping Options - Dining, retail, and entertainment are close by, with Camp Creek Marketplace just 5 miles away, offering a variety of restaurants and stores. This location provides convenient options for dining and shopping within a short drive. 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

$20,000,000 USD

PRICE/SF

$266 USD /SF

# OF ROOMS

160

PRICE/ROOM

$125,000 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holiday Inn Express Atlanta Airport

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

6

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1983

PARKING SPACES

150

LAND DETAILS

LAND ACRES

3 AC

LAND SF

130,680 SF

ZONING

C2

APN/PARCEL ID

13-0037-LL-084-5

ASK ABOUT THIS PROPERTY

Raiyan RabNumarix Real Estate ServicesMore Info
404-398-2090

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

Raiyan RabNumarix Real Estate ServicesMore Info
404-398-2090

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