2400 Riverside Dr Macon, GA 31204
115-Room Hotel, High NOI, GA
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- $6,950,000 asking price for a 115-key Best Western hotel in Macon, Georgia.
- 9.12% cap rate with a current NOI of $633,930 and 56.8% occupancy (as of 09/30/2024).
- Located in Macon, Georgia's 4th largest city, near I-16 and I-75 interchange (major improvements completed Fall 2024).
- Features two 2-story buildings on a 4.16-acre lot with 181 parking spaces; C4-Commercial Highway District zoning.
- Fee simple ownership with seller financing available; qualifies for automatic Best Western agreement transfer.
Property Details for 2400 Riverside Dr
- Property type
- Hospitality properties, Hotels
- Year Built
- 1972
- Buildings
- 2
- Stories
- 2
- Lot Size (sq. ft)
- 181,210 SF
Location Insight
- City
- Macon
- County
- Bibb
- State
- Georgia
- Latitude
- 32.8687546
- Longitude
- -83.6591958
Nearby Similar for Sale
FAQs
- What type of property is this?
- Hospitality property - 115-Room Hotel, High NOI, GA
- Where is the hospitality property located?
- The property is located at 2400 Riverside Dr Macon, GA.
- What is the asking price?
- The asking price for this property is $6,950,000.
- What are key features of this property?
- This property features: $6,950,000 asking price for a 115-key Best Western hotel in Macon, Georgia.; 9.12% cap rate with a current NOI of $633,930 and 56.8% occupancy (as of 09/30/2024).; Located in Macon, Georgia's 4th largest city, near I-16 and I-75 interchange (major improvements completed Fall 2024).
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