For Sale
Call for price

4505 Best RdCollege Park, GA 30337

156-Key Hotel, Recently Renovated

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 156-key hotel, the Days Inn by Wyndham College Park Airport Best Road, presents a compelling investment opportunity in the thriving College Park, Georgia market. Situated on a generous 3.11-acre lot at 4505 Best Rd, 30337, this property boasts a prime location offering convenient access to Hartsfield-Jackson Atlanta International Airport and other key attractions. The hotel underwent a complete renovation in 2023, ensuring modern amenities and guest comfort. Financial performance has been exceptionally strong, exceeding market expectations. As of September 2024, the trailing twelve months (TTM) show impressive results, including over $2.31 million in room revenue and a RevPAR of $41.05. Furthermore, the property has consistently outperformed its competitive set, achieving a market penetration exceeding 110% since 2022. This demonstrates a robust and resilient business model with significant potential for continued growth. The property's strong performance, coupled with its recent renovation and strategic location, makes it an ideal acquisition for investors seeking a high-return hospitality asset in a dynamic market. This is a rare opportunity to acquire a well-established and high-performing hotel in a prime location. Detailed financial statements are available upon request.

Highlights

  • $2.31 million in trailing twelve-month (TTM) room revenue as of September 2024.
  • Significant market outperformance, achieving 110%+ market penetration since 2022.
  • $41.05 RevPAR (Revenue Per Available Room) as of September 2024 TTM.

Property Details for 4505 Best Rd

Property type
Hospitality properties, Motels
Year Renovated
2023
Lot Size (sq. ft)
135,472 SF

Location Insight

City
College Park
County
Fulton
State
Georgia
Latitude
33.6329327
Longitude
-84.4586237
4505 Best Rd, College Park, Georgia

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4505 Best Rd
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