4874 Old National Hwy - Hospitality FOR SALE


College Park, GA 30337
$4,950,000 USD
404-398-2090
4874 Old National Hwy, College Park, GA for Sale
$4,950,000 USD
Hospitality - FOR SALE
1/13
null | Request Cap Rate

4874 Old National Hwy
College Park, GA 30337


HIGHLIGHTS

  • Property is Currently Closed
  • This property will be Sold on a Projection Proforma Basis
  • Incredible Value Add Opportunity In Atlanta Market.
  • Independent Branded Hotel. No Brand Affiliation.
  • Potential Additional Airport Parking Income
  • Potential Billboard Income

OVERVIEW

Property is Currently Closed. This property will be Sold on a Projection Proforma Basis. Incredible Value Add Opportunity In Atlanta Market. Independent Branded Hotel. No Brand Affiliation. Owner Financing Available to Qualified Investors with 20% Downpayment Rooms: 120 2 Stories Exterior Corridor Built -1980 Well Built Solid Concrete Building. Land Size: 2.35 Acres 2 Manager's Quarter Potential Additional Airport Parking Income Potential Billboard Income 3 Miles from Atlanta International Airport. Premium Interstate Location with Excellent Visibility Off the Interstate. Located Right Off the Exit The Hotel is adjacent to two major highways, I-85 and I-285, and sits adjacent to from the World's Busiest Airport Hartsfield Jackson, only minutes from Downtown Atlanta and 2.2 miles from Georgia International Convention Center. Opportunity to enter one of the most prominent and well-recognized markets of Atlanta being adjacent to the world's busiest airport. With an expected increase in demand to the area and an overall reduction of supply, a new owner should be able to drive higher RevPAR and significantly increase cash flow to the bottom line. Incredible Value Add Opportunity In Atlanta Market Rashelle Hotel Atlanta is located just off Interstate I-85 along one of South Atlanta’s primary commercial corridors with direct connectivity to major transportation routes and business districts. The property sits approximately 13 miles south of Downtown Atlanta, providing convenient access to major demand generators throughout the metropolitan area. The location benefits from close proximity to Hartsfield-Jackson Atlanta International Airport, located approximately 3 miles from the property, making it strategically positioned within one of the busiest airport submarkets in the United States. Nearby attractions and landmarks include the Georgia International Convention Center approximately 2.2 miles away, Gateway Center Arena approximately 4 miles away, Camp Creek Marketplace approximately 5 miles away, Porsche Experience Center Atlanta approximately 7 miles away, Downtown College Park approximately 3 miles away, and the Atlanta Motor Speedway approximately 20 miles south. The property also benefits from its location along Old National Highway, a well-established commercial corridor featuring retail, dining, logistics operations, and numerous business centers that contribute to year-round economic activity. This hotel offers an opportunity within a highly established airport-driven submarket with strong transportation infrastructure, diverse demand generators, and multiple revenue-supporting economic drivers. Its strategic location near Atlanta’s international airport, interstate access, convention facilities, logistics hubs, and commercial centers creates multiple avenues for business generation beyond a single demand source. The surrounding area continues to benefit from ongoing industrial, transportation, and commercial expansion, while the property’s position along a heavily trafficked corridor provides strong visibility and accessibility, creating potential for operational improvements, repositioning strategies, and long-term value growth. Location Highlights: 1. The hotel is approximately 13 miles from Downtown Atlanta. 2. Proximity to Major Attractions – 14 miles from the Georgia Aquarium, 15 miles from World of Coca-Cola, and 12.8 miles from Centennial Olympic Park, the hotel places near Atlanta’s top attractions. 3. Convenient Access to Transportation – Located near major highways and public transportation, the hotel is about 3 miles from Hartsfield-Jackson Atlanta International Airport, making travel convenient. 4. Business-Friendly Amenities – Situated close to the Georgia World Congress Center, 14.4 miles away, and other corporate offices, making it a great choice for those attending conferences, conventions, and meetings. 5. The hotel is about 14.2 miles from the Fox Theatre, and 21.6 miles from the Atlanta History Center. 6.BeltLine is just 14.6 miles away, offering cycling, walking, and jogging opportunities, while Piedmont Park is only 16.3 miles from the hotel. Please Do Not Call The Hotel or Hotel Employees about the Sale of the Hotel. Absentee Owner.

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$108 USD /SF

# OF ROOMS

120

PRICE/ROOM

$41,250 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rashelle Hotel Atlanta - GA

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1979

PARKING SPACES

105

LAND DETAILS

LAND ACRES

2.35 AC

LAND SF

102,366 SF

ZONING

C2, CP

APN/PARCEL ID

13-0061-LL-137-0

ASK ABOUT THIS PROPERTY

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404-398-2090

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Raiyan RabNUMARIXMore Info
404-398-2090

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