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821 W Highland Ave
Albany, GA 31701

$1,200,000 USD

Hotel For Sale  •  8,851 SF

Property Details

  • Property Type Hotel
  • Total Building Size 8,851 SF
  • Lot Size 0.67 AC
  • Building Class C
  • Year Built 1950
  • Cap Rate 13.83 %
  • Zoning C3
50 Walk Score

Highlights

Yearly sales are expected to generate over $250,000! Motel is newly renovated and recently reopened!
Daily rate is $45. The weekly rate is $225. The monthly rate is $800.
Net profit before mortgage is over $166,000 per year
Cap Rate: 13.83 %

Major Tenants

Tenant SF Occupied Lease End Date
Monalikumari R Patel

Public Transportation

AirportDriveWalkDistance
Southwest Georgia Regional 11 min - 4.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 16
Type: Surface
Included in Rent: Yes
Kavita Purohit 770-664-9999 River Brokers
Kavita Purohit 770-664-9999 River Brokers