Red Roof Inn and Suites Statesboro | 316 S Main St
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Red Roof Inn and Suites Statesboro 316 S Main St
59 Room Hotel Statesboro, GA 30458 For Sale
Executive Summary
Red Roof Inn in Prime location 3 miles from the Statesboro University - Renovated.
Has brand new roof with 15 years warranty 15 rooms converted to standing shower Total of 65 Rooms to rent out of which 10 are suites
2 rooms are for housekeeping Does $870k gross per year, ADR $65, Occupancy is 60% to 65%
Call the listing agent 404-542-9391 Price negotiable, Private Loan approved as well.
Has brand new roof with 15 years warranty 15 rooms converted to standing shower Total of 65 Rooms to rent out of which 10 are suites
2 rooms are for housekeeping Does $870k gross per year, ADR $65, Occupancy is 60% to 65%
Call the listing agent 404-542-9391 Price negotiable, Private Loan approved as well.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Sale Type | Investment | No. Rooms | 59 |
| Property Type | Hospitality | Number of Floors | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1991/2011 |
| Building Class | C | Parking Ratio | 1.59/1,000 SF |
| Lot Size | 1.33 AC | Corridor | Exterior |
| Building Size | 33,403 SF | Opportunity Zone |
Yes
|
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.33 AC |
| Building Size | 33,403 SF |
| No. Rooms | 59 |
| Number of Floors | 2 |
| Year Built/Renovated | 1991/2011 |
| Parking Ratio | 1.59/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
Amenities
- High Speed Internet Access
- Public Access Wi-Fi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 5 | £72.06 | - |
| Guest Room | 54 | £56.40 | - |
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PROPERTY TAXES
| Parcel Number | S30-000025-000 | Total Assessment | £724,650 (2024) |
| Land Assessment | £146,540 (2024) | Annual Taxes | -£1 (£0.00/sf) |
| Improvements Assessment | £578,110 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
S30-000025-000
Land Assessment
£146,540 (2024)
Improvements Assessment
£578,110 (2024)
Total Assessment
£724,650 (2024)
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2023
zoning
| Zoning Code | HOC |
| HOC |
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Red Roof Inn and Suites Statesboro | 316 S Main St
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