Microtel Inn & Suites by Wyndham | 2980 Evans Mill Rd
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Microtel Inn & Suites by Wyndham 2980 Evans Mill Rd
60 Room Hotel Lithonia, GA 30038 For Sale
Executive Summary
• Impressive NOI margin of over 48% EGR retention in 2023
• $1.19MM+ in top-line room revenue in 2023
• Significantly outperforming compset with 135% average market penetration since 2021
• $1.19MM+ in top-line room revenue in 2023
• Significantly outperforming compset with 135% average market penetration since 2021
Property Facts
Sale Type | Investment | No. Rooms | 60 |
Property Type | Hospitality | Number of Floors | 3 |
Property Subtype | Hotel | Year Built | 2004 |
Building Class | C | Tenancy | Single |
Lot Size | 1.66 AC | Parking Ratio | 1.8/1,000 SF |
Building Size | 27,747 SF | Corridor | Interior |
Sale Type | Investment |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 1.66 AC |
Building Size | 27,747 SF |
No. Rooms | 60 |
Number of Floors | 3 |
Year Built | 2004 |
Tenancy | Single |
Parking Ratio | 1.8/1,000 SF |
Corridor | Interior |
Amenities
- Business Centre
- High Speed Internet Access
- Meeting Event Space
- Public Access Wi-Fi
- Smoke-Free
Room Mix Information
Description | No. Rooms | Daily Rate | SF |
---|---|---|---|
Suite | 10 | £94.91 | - |
Guest Room | 50 | £73.73 | - |
PROPERTY TAXES
Parcel Number | 16-119-01-053 | Improvements Assessment | £400,691 |
Land Assessment | £100,173 | Total Assessment | £500,864 |
PROPERTY TAXES
Parcel Number
16-119-01-053
Land Assessment
£100,173
Improvements Assessment
£400,691
Total Assessment
£500,864
zoning
Zoning Code | C1 (Commercial) |
C1 (Commercial) |
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Microtel Inn & Suites by Wyndham | 2980 Evans Mill Rd
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