Ramada Plaza Atlanta Airport 5010 Old National Hwy

Rooms: 232
Interior Corridor
Solid Block and Steel Construction
Year Built: 1980 with renovations periodically with previous upscale franchise renovations updates with renovations periodically and most recently franchise renovation in 2018 and ongoing improvements.
Indoor Pool/Outdoor Pool
Meeting Space
Ballroom
Formal Dining Room
Bar & Lounge
Building Size:226,000 SF
Lot Size:5.29 AC
No. Stories:7
Improvements: Seven story full service lodging facility
Guest Rooms – 232
Meeting Space – 2,029+/- SF
Ballroom Area – 4,092+/- SF (dividable) Formal Dining Room & Lounge
Additional Parking Income
3 Brand New Elevators
New Roof Work
New Fire Pump
232 Rooms Indoor Corridor Full Service Hotel, operating as Ramada Plaza Hotel, Atlanta International Airport. The Hotel is adjacent to two major highways, I-85 and I-285, and sits adjacent to the World's Busiest Airport Hartsfield Jackson, and is only minutes from Downtown Atlanta.High barriers-to-entry. Being offered at a significant discount to replacement costs. Opportunity to enter one of the most prominent and well-recognized markets of Atlanta being adjacent to the world's busiest airport. Exceptional opportunity with an aggressive marketing plan and strong management will further increase profitability and drive market share. In corner of two major highways, I-85 and I-285, less than two miles from Hartsfield Jackson International Airport, and only minutes from Downtown Atlanta.
The location of the Hotel is central in the Atlanta Metropolitan area with close proximity including the Georgia International Convention Center and the attractions of Downtown Atlanta including the World of Coca-Cola and the Georgia Aquarium. The Hotel got converted to Ramada Plaza Atlanta Airport since December 29th, 2015. Several Upscale Brand Conversion Available. Offered Well Below Replacement.
The Property is ideally located in the one of largest MSA in the country, minutes from the world’s busiest airport, Hartsfield-Jackson Atlanta International Airport, and directly adjacent to Interstate-285 / Interstate 85, providing high visibility and easy accessibility for the Property.
The new Airport Rental Car Center, the Georgia International Gateway Convention Center, the city of College Park and its numerous restaurants, and the College Park MARTA station (providing quick and affordable rail service into Downtown, Midtown, Buckhead, and the Central Perimeter markets), all located within close proximate of the Hotel. Additionally, the proposed Atlanta Aerotropolis Development is expected to break ground in late 2018 along Camp Creek Parkway directly across from the Georgia International Gateway Convention Center. This major mixed-use development, named “Airport City”, is estimated to cost upwards of $10 Billion.
Investment Highlights:
Full-Service Hotel
Additional Parking Income
Airport Expansion - 6th Runway to Eliminate About 2,500 Rooms from Market
Increased Demand with Nearby Economic Development
Strategic Location Proximate to Numerous Significant Demand Generators
Highly Visible and Easily Accessible from I-285 & 85
Offered Unencumbered by Management
Fee-Simple Interest
Offered for Sale at Pricing Well Below Replacement Cost
Upscale Brand Conversion Opportunity
Location Highlights:
1. Proximity to Hartsfield-Jackson Atlanta International Airport - The property is approximately 3 miles from the airport, offering convenient access.
2. Convenient Access to Major Highways - Located near Interstate 285 (I-285) and Interstate 85 (I-85), providing seamless connectivity to Atlanta's downtown, nearby suburbs, and surrounding regions.
3. Close to Downtown Atlanta - Approximately 13 miles to downtown Atlanta, home to major attractions like the Georgia Aquarium, World of Coca-Cola, Mercedes-Benz Stadium, and the Georgia World Congress Center.
4. Nearby Dining and Shopping - The Old National Highway corridor features various restaurants, fast-food outlets, and local dining options. Several shopping centers are also located within a short drive.
5. Access to Major Corporate Hubs - Near Airport South Corporate Park and Atlanta Tradeport, providing access to regional business and industrial centers.
6. Nearby Colleges and Universities - Georgia State University and Atlanta Technical College are located approximately 12–15 miles away.
7. Public Transit Accessibility - Easy access to MARTA (Metropolitan Atlanta Rapid Transit Authority), connecting to the airport and the greater Atlanta area.
8. Recreational Opportunities - A short drive to outdoor areas like W.W. Gordon Park and Clayton County International Park, offering walking trails, picnic areas, and recreational facilities.
9. Growing Development Area - The Old National Highway corridor continues to experience commercial growth, contributing to increased regional activity.
Please Do Not Call The Hotel or Hotel Employees about the Sale of the Hotel. Absentee Owner.