Traveler Inn & Suites Albany, GA
Hospitality | 66 Keys | Independent
Marketing description
Lead Agent: Elijah Laguna / 954-548-4401 / [email protected]
Kabani Hotel Group, as exclusive representatives of the seller, is proud to present the Traveler Inn & Suites, a 66-room independent hotel on 2.28 acres located at 414 W Oglethorpe Blvd in downtown Albany, Georgia. Built in 1965 with reinforced concrete construction and renovated in 2005, the property comprises 27 suites and 39 standard rooms plus a 3-room manager’s apartment. The 27 suites can be converted to 54 standard rooms with bathroom additions, expanding the property to 93 rentable rooms.
The property sits adjacent to the Albany Civic Center (10,240 seats) and within 1 mile of Phoebe Putney Memorial Hospital (691 beds, 5,412 employees), Albany State University (6,820 students), and the Flint RiverQuarium. Downtown Albany’s demand base spans healthcare, military, Fortune 500 manufacturing, and government sectors.
The 2005 renovation modernized the asset on a reinforced concrete structure. The suite-to-standard conversion path offers a buyer a clear value-add strategy to increase room count by 41% without new construction. The property’s economic positioning and proximity to institutional demand generators make it suitable for an operator-investor seeking stable, diversified demand in a tertiary market with limited new supply.
Investment highlights
PROPERTY HIGHLIGHTS
•Seller Financing Available | Depending on the strength and credibility of the buyer.
•Independent Hotel | 66 rooms on 2.28 acres; convertible to 93 rooms with suite conversion
•Reinforced Concrete | Built 1965, renovated 2005
•Suite Configuration | 27 suites convertible to 54standard rooms via bathroom additions
•Adjacent to Albany Civic Center | 10,240-seat arena; largest venue south of Atlanta
•Downtown Albany Location | Within designated Georgia Opportunity Zone
•Manager’s Apartment | 3-room on-site residence
•Value-Add Potential | 41% room count increase without new construction
LOCATION HIGHLIGHTS
•1 Mile – Phoebe Putney Memorial Hospital (691 beds; 5,412 employees)
•1 Mile – Albany Civic Center (largest arena south of Atlanta)
•1 Mile – Albany State University
•1 Mile – Flint RiverQuarium
•2 Miles – Procter & Gamble Albany Plant (2nd largest P&G plant in U.S.)
•3 Miles – Mars Wrigley Combos Plant
•4 Miles – Southwest Georgia Regional Airport
•8 Miles – Marine Corps Logistics Base Albany
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