2221 Corporate Plaza PkwySmyrna, GA 30080

Property Details for 2221 Corporate Plaza Pkwy

Year built

1998

Lot size

1.58 AC

Property size (Sq ft)

43,531 SF

Zone code

GC

Property type

Hotels

Property subtype

Motels

APN

17085100170

APU

17085100170

Description

This 77-key hotel, the Comfort Inn and Suites, presents a compelling investment opportunity in Smyrna, Georgia. Located at 2221 Corporate Plaza SE, 30080, Cobb County, this property benefits from its prime location in a high-traffic area near a stadium, conveniently situated right off an exit ramp. The hotel underwent renovations in 2019, ensuring modern amenities and updated facilities for guests. The property's classification is Hospitality, specifically a Hotel, making it suitable for various investment strategies. Its strategic placement promises strong occupancy rates and consistent revenue generation. Detailed financial information is available upon request. This turnkey operation offers immediate income potential and the chance to capitalize on the thriving hospitality sector in a desirable Georgia location. The property's coordinates are 33.8998334 latitude and -84.4768583 longitude. This is an exceptional opportunity for investors seeking a well-maintained, high-performing hotel in a prime location. Further details are available for serious inquiries.

• CAP approach

  CAP return

  Valuation

  6%

  $9,733,686

  6.5%

  $8,984,941

  7%

  $8,343,160

• Comparable approach

  Method

  Valuation

  Relative Method

  $13,712,774

  Geo Method

  $19,954,218

• Alternative Use

  Use

  Valuation

  Residential

  $9,808,946

  Hospitality

  $8,984,941

  Educational

  $7,475,366

  Medical

  $7,732,455

  Retail

  $11,628,347

Location Insight

City

Smyrna

County

Cobb

State

Georgia

Latitude

33.8999

Longitude

-84.4769

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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