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7900 Mall Ring Rd
Lithonia, GA 30038
Comfort Suites Atlanta Area · Hospitality Property For Sale · 55,030 SF
PROPERTY FACTS
Property Type | Hospitality | Number of Floors | 5 |
Property Subtype | Hotel | Year Built/Renovated | 2002/2017 |
Building Class | B | Tenancy | Single |
Lot Size | 1.50 AC | Parking Ratio | 1.05/1,000 SF |
Building Size | 55,030 SF | Corridor | Interior |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | B |
Lot Size | 1.50 AC |
Building Size | 55,030 SF |
Number of Floors | 5 |
Year Built/Renovated | 2002/2017 |
Tenancy | Single |
Parking Ratio | 1.05/1,000 SF |
Corridor | Interior |
Amenities
- Business Centre
- Fitness Centre
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wi-Fi
- Smoke-Free
About 7900 Mall Ring Rd , Lithonia, GA 30038
Comfort Suites Stonecrest is a 83 room, 5 story, interior-corridor hotel built in 2003 and is conveniently located off I-20, exit 75. Hotel features include a fitness center, outdoor pool, complimentary breakfast buffet, self-parking, conference space, and meeting space. Additional amenities the hotel offers are concierge services, dry cleaning/laundry facilities, along with a coffee shop/café. Room amenities the hotel provides are sofa beds, microwave, refrigerator, sitting areas, free Wi-Fi and MP3 docking. Due to the recent conversion, the property is currently ramping up to penetrate market RevPAR. Perfect for an investor to run hands-on and capture market share before the new Stonecrest Sporting Complex opens in 2020 creating even more demand in this submarket of Atlanta. Formerly a Hyatt Place, the subject property was converted to a Comfort Suites in December 2017. Being a flagship hotel under Choice, a higher NOI is expected with more hands-on ownership and yield management.
Links
PROPERTY TAXES
Parcel Number | 16-151-03-014 | Improvements Assessment | £1,159,848 |
Land Assessment | £245,173 | Total Assessment | £1,405,021 |
PROPERTY TAXES
zoning
Zoning Code | C1 (Hotel) |
C1 (Hotel) |
Listing ID: 13976637
Date on Market: 05/10/2018
Last Updated:
Address: 7900 Mall Ring Rd, Lithonia, GA 30038
The Hospitality Property at 7900 Mall Ring Rd, Lithonia, GA 30038 is no longer being advertised on LoopNet.co.uk. Contact the broker for information on availability.