1077 Alabama AveBremen, GA 30110

Property Details for 1077 Alabama Ave

Year built

1968

Construction

STEEL FRAME

Lot size

2.62 AC

Property size (Sq ft)

34,872 SF

Zone code

C

Property type

Hospitality properties

Property subtype

Motels

APN

Z69- -0026

APU

Z690026

Description

This exceptional 77-key hotel, the Quality Inn, presents a compelling investment opportunity in Bremen, Georgia. Located at 1077 Alabama Ave, Bremen, GA 30110, this hospitality property boasts a prime location and substantial parking, making it particularly attractive to businesses catering to trucking company commute drivers. The asking price is $6,000,000. The property's significant parking area is a key advantage, offering ample space for vehicles. The hotel's current condition suggests a minimal property improvement plan (PIP) for a new owner, representing a potentially cost-effective entry point into the market. Situated in the charming city of Bremen, this hotel benefits from a favorable location within Carroll County. The property's strong potential is further enhanced by its existing infrastructure and the opportunity to capitalize on the high demand for lodging in the area. Detailed financial information and operational data are available upon request. This is a rare chance to acquire a well-positioned hotel with significant upside potential in a growing market. The property's strategic location and ample parking make it an ideal investment for those seeking a strong return on investment in the hospitality sector. Further due diligence is encouraged to fully assess the property's potential. Contact us today to schedule a viewing and explore this exciting opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $8,377,430

  6.5%

  $7,733,012

  7%

  $7,180,654

• Comparable approach

  Method

  Valuation

  Relative Method

  $13,348,703

  Geo Method

  $15,985,011

• Alternative Use

  Use

  Valuation

  Residential

  $8,442,202

  Hospitality

  $7,733,012

  Educational

  $6,433,775

  Medical

  $6,655,042

  Retail

  $10,008,095

Location Insight

City

Bremen

County

Carroll

State

Georgia

Latitude

33.6956

Longitude

-85.1467

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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