For Sale
$7,750,000
4906 Timber Dr Lake Park, GA 31636
Profitable Georgia Hotel, Fully Renovated
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- Interior corridor access.
- New buyer to receive a new 10-year Hilton franchise license upon acquisition (current license expires in 2029).
- Recently completed $2.4M interior and exterior renovations; minimal future capital expenditures expected.
- Highly desirable Hampton Inn by Hilton flag.
- Significant RevPAR growth potential through improved management and marketing.
- January 2024 STR report shows 10.7% year-over-year RevPAR growth, outperforming the competitive set.
Property Details for 4906 Timber Dr
- Property type
- Hospitality properties, Motels
- Square Feet
- 40,770 SF
- Year Built/Renovated
- 1999/2021
- Stories
- 3
- Lot Size (sq. ft)
- 61,855 SF
Location Insight
- City
- Lake Park
- County
- Lowndes
- State
- Georgia
- Latitude
- 30.6803898
- Longitude
- -83.2255401
Nearby Similar for Sale
FAQs
- What type of property is this?
- Hospitality property - Profitable Georgia Hotel, Fully Renovated
- Where is the hospitality property located?
- The property is located at 4906 Timber Dr Lake Park, GA.
- What is the asking price?
- The asking price for this property is $7,750,000.
- What are key features of this property?
- This property features: Interior corridor access.; New buyer to receive a new 10-year Hilton franchise license upon acquisition (current license expires in 2029).; Recently completed $2.4M interior and exterior renovations; minimal future capital expenditures expected.
- How can I contact the broker?
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