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5355 Stone Mountain HwyStone Mountain, GA 30087

57-Key Hotel, High RevPAR Potential

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 57-key hotel, the Comfort Inn & Suites at Stone Mountain, presents a compelling investment opportunity in the thriving Stone Mountain, Georgia market. Located at 5355 Stone Mountain Hwy, 30087, this three-story property sits on a 1.26-acre lot in Gwinnett County. Built in 1999 and extensively renovated in 2022, the hotel boasts modern amenities and strong operational performance. The property's current performance demonstrates a robust net operating income (NOI), offering immediate returns for investors. However, the true potential lies in the significant upside for owner-operators. With a current RevPAR (Revenue Per Available Room) of $54.67 (as of September 2024 trailing twelve months), and only 66% RevPAR penetration, there's considerable room for revenue growth through strategic management and operational improvements. This presents a unique chance to capitalize on the existing strong foundation and unlock substantial additional profitability. The hotel's prime location in Stone Mountain provides excellent access to local attractions and a robust tourism base, further enhancing its investment appeal. This is a rare opportunity to acquire a well-maintained, high-performing hotel with significant growth potential in a desirable market.

Highlights

  • Strong current NOI.
  • Significant upside potential for owner-operators with 66% RevPAR penetration.
  • $54.67 RevPAR (September 2024 TTM).

Property Details for 5355 Stone Mountain Hwy

Property type
Hospitality properties, Motels
Year Built/Renovated
1999/2022
Stories
3
Lot Size (sq. ft)
54,886 SF

Location Insight

City
Stone Mountain
County
Gwinnett
State
Georgia
Latitude
33.8233056193
Longitude
-84.116190804571
5355 Stone Mountain Hwy, Stone Mountain, Georgia

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5355 Stone Mountain Hwy
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