4755 Chambers Rd - Hospitality FOR SALE


Macon-Bibb, GA 31206
$4,500,000 USD
404-542-9391
4755 Chambers Rd, Macon-Bibb, GA for Sale
$4,500,000 USD
Hospitality - FOR SALE
1/4
null | Request Cap Rate

4755 Chambers Rd
Macon-Bibb, GA 31206


HIGHLIGHTS

  • Hotel tax revenue will increase much more in the next few years due to the Casino approval in the vicinity.

OVERVIEW

Ramada Inn -- This establishment features a total of 90 rooms, comprising 82 guest rooms along with 8 additional rooms designated for personal residence and employee accommodations. The front desk is managed by two employees. Room rates vary between $65 and $80 for rooms with a single king bed; rooms with two queen beds incur an additional charge of $5. The property includes 32 rooms with single beds and 50 rooms with double beds. The hotel boasts a conference room, an extra-large breakfast area, and a large swimming pool. All other rooms have been completely renovated. Hotel tax revenue will increase much more in the next few years due to the Casino approval in the vicinity. The hotel is equipped with three dryers and two washers for internal laundry services. Additionally, there is a coin-operated laundry facility for guest use, consisting of two dryers and two washers. The introduction of a new casino in the nearby area is expected to significantly boost revenue over the next few years.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$105 USD /SF

# OF ROOMS

82

PRICE/ROOM

$54,878 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ramada Macon

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1968

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.58 AC

LAND SF

112,385 SF

ZONING

C-4

APN/PARCEL ID

L091-0069

ASK ABOUT THIS PROPERTY

Piyusha ZopeVirtual Properties RealtyMore Info
404-542-9391

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Piyusha ZopeVirtual Properties RealtyMore Info
404-542-9391

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