OFFERING OVERVIEW:
DSH Hotel Advisors has been retained as the exclusive broker to market for sale the Sleep Inn & Mainstay Suites Savannah Midtown, a Choice Hotel, located in Savannah, Georgia. The 133-room (80 Rooms Mainstay Suites / 53 Rooms Sleep Inn) interior corridor, dual-brand hotel is located directly off of Interstate 516 (31,600 AADT) with high visibility.
PROPERTY OVERVIEW:
The subject property remains in good condition, supported by recent renovations and an ongoing capital improvement plan. A change-of-ownership Property Improvement Plan (PIP) is estimated to cost approximately $100,000+/-, though this figure is only a preliminary estimate. *The actual PIP requirements must be verified directly with Choice Hotels, as they are determined solely at the franchisor’s discretion and may vary in both scope and cost. This includes, without limitation, any franchisor requirements related to a change of ownership. The Recipient is solely responsible for independently verifying all such matters.
MARKET OVERVIEW:
Savannah’s Midtown sub-market offers an exceptional hospitality environment with direct access to I-95 and I-16, facilitating smooth connections to downtown, Savannah/Hilton Head International Airport, and coastal destinations like Tybee Island. This established area integrates major retail hubs, prominent healthcare centers such as Memorial Health and St. Joseph’s/Candler, respected universities, and expanding residential communities. Key employers—including aerospace giant Gulfstream, Hunter Army Airfield, and Savannah College of Art and Design—contribute to a steady influx of business travelers. Complemented by Savannah’s rich historical heritage and vibrant tourism sector, the area experiences consistent lodging demand from a balanced mix of leisure and corporate guests.
CHATHAM COUNTY:
Chatham County, home to Savannah, is the largest county by population in coastal Georgia and a key driver of regional economic activity. With a population exceeding 300,000 and growing steadily, the county benefits from a diverse blend of industry, tourism, higher education, healthcare, and military presence. Strategically positioned along the Atlantic coast with direct access to Interstates 95 and 16, Chatham County is a central logistics and distribution hub for the Southeast. The Port of Savannah, located within the county, is one of the busiest and fastest-growing ports in the United States, supporting tens of thousands of jobs across transportation, warehousing, and manufacturing. The county is also home to major institutions such as Gulfstream Aerospace, Hunter Army Airfield, Memorial Health University Medical Center, and Savannah College of Art and Design (SCAD), all contributing to consistent business travel and economic resilience. In addition to its industrial and corporate base, Chatham County remains one of Georgia’s top tourist destinations, drawing millions of visitors annually to Savannah’s historic landmarks, beaches, and cultural events. With a healthy balance of public and private sector employment and continuous investment in infrastructure, Chatham County offers long-term growth potential and a strong foundation for hospitality demand.
Property Highlights:
• Sleep Inn & Mainstay Suites Savannah Midtown, A Choice Hotel
• 133 Total Rooms / 80 Rooms Mainstay Suites / 53 Rooms Sleep Inn
• 2 Stories | Interior Corridor
• Year Built - 1988
• Located in a High Growth Market
• Upward Trend in Revenue
• Value-Add Opportunity with Owner Operations
• Dual-Brand Investment Opportunity
• Diverse Demand Generators Throughout the Year
• Amenities Include: Outdoor Pool, Fitness Center, Business Center, Self-Serve Laundry
Location Highlights:
• 0.9 Miles to Oglethorpe Mall
• 4.1 Miles to Forsyth Park
• 4.1 Miles to Savannah College of Art and Design (SCAD)
• 4.8 Miles to Historic Downtown Savannah
• 5.0 Miles to River Street
• 5.8 Miles to Bonaventure Cemetery
• 15 Miles to Savannah/Hilton Head International Airport (SAV)
• 20 Miles to Tybee Island
• 43 Miles to Hilton Head Island Airport
Financial Highlights:
• List Price of $9,000,000
• T12-March ADR/RevPAR/OCC Mainstay: $73.90 ADR / $47.26 RevPAR / 64.0% OCC
• T12-March ADR/RevPAR/OCC Sleep Inn: $82.31 ADR / $48.39 RevPAR / 58.8% OCC
• T12-March Room Revenue / RRM: $2,325,009 Room Revenue / 3.87x RRM