4498 Washington RdEast Point, GA 30344

  • Motels
  • 12,405 SF
For Sale
$7,700,000 View listing

Property Details for 4498 Washington Rd

Year built
1973
Lot size
2.73 AC
Property size (Sq ft)
12,405 SF
Zone code
R3
Property type
Motels
APN
13 0031 LL0916
APU
130031LL0916

Description

This exceptional 97-key Days Inn by Wyndham hotel presents a lucrative investment opportunity. Situated on a 2.43-acre lot in East Point, Georgia, this three-story property boasts solid block construction and an interior corridor design. Conveniently located off Interstate I-285, it enjoys excellent visibility and proximity to major attractions, including Hartsfield-Jackson Atlanta International Airport (less than 3 miles), Camp Creek Marketplace (3 miles), and the Georgia International Convention Center (4 miles). Additional amenities include a brand-new elevator and potential for supplemental income from airport parking. The hotel is currently undergoing a full property improvement plan (PIP) renovation, minimizing future capital expenditures for the new owner. Its central Atlanta location, coupled with the high demand for hotel rooms near the airport, makes this a rare find in the market. The property is 15 miles from Downtown Atlanta and within easy reach of other popular destinations such as Lakewood Amphitheatre, Georgia State Stadium, and Six Flags Over Georgia. Bank financing is available. This is a turnkey operation poised for significant returns. This 97-room hotel offers a unique blend of convenience, accessibility, and investment potential.

Location Insight

City
East Point
County
Fulton
State
Georgia
Latitude
33.6339
Longitude
-84.4915
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$52,548
$368,640
$1,493,040
$1,861,680
-
$921,600
$3,732,600
$4,654,200

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