For Sale
$2,950,000

115 Chapman Rd Byron, GA 31008

60-Key Hotel, Value-Add Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional 60-key Quality Inn in Byron, Georgia, presents a compelling value-add investment opportunity. Located on 1.72 acres at 115 Chapman Rd, Byron, GA 31008, this two-story, exterior-corridor hotel boasts high visibility on I-75 and GA-49, near exit 149. Built in 1995 and extensively renovated between 2020 and 2023, the property features 53,333 square feet, including a large lobby, breakfast area, separate enclosed pool structure, and ample parking accommodating buses and trucks. Recent upgrades encompass new LVP flooring in the lobby and front desk, a modern exterior digital sign with the updated Quality Inn logo, new locks, furniture, carpeting, fiber optics, and parking lot improvements. The hotel, previously a Comfort Inn, consistently achieves high rankings in Quality Inn inspections, earning several awards. Currently owner-operated with daily rates only, the property shows continued revenue growth in 2024. Additional undeveloped land offers potential for expansion, such as recreational areas or extra parking. Byron's strategic location and projected above-average growth rate over the next decade, fueled by county and state economic expansion, further enhances this investment's potential. The property is offered at $2,950,000 ($55.31/sq ft) and is zoned C2. This fee-simple ownership presents a rare chance to acquire a well-maintained, high-performing hotel in a rapidly developing market.

Highlights

  • Exterior corridor hotel.
  • Built in 1995, extensively renovated 2020-2023.
  • High-visibility location off I-75, near exit 149.
  • Meticulously maintained with recent upgrades including new signage, flooring, and furniture.
  • Strong revenue growth potential.
  • 60-key Quality Inn, 53,333 sq ft on 1.72 acres, zoned C2.

Property Details for 115 Chapman Rd

Property type
Hospitality properties, Hotels
Square Feet
53,333 SF
Year Built/Renovated
1995/2020
Buildings
2
Stories
2
Lot Size (sq. ft)
74,923 SF

Location Insight

City
Byron
County
Peach
State
Georgia
Latitude
32.660857915815
Longitude
-83.74509635807
115 Chapman Rd, Byron, Georgia

FAQs

What type of property is this?
Hospitality property - 60-Key Hotel, Value-Add Opportunity
Where is the hospitality property located?
The property is located at 115 Chapman Rd Byron, GA.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Exterior corridor hotel.; Built in 1995, extensively renovated 2020-2023.; High-visibility location off I-75, near exit 149.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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115 Chapman Rd
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