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Under Contract
Red Carpet Inn
$21,429/key
Listing Contacts
License: NC NC LC904, AL AL 157441, FL FL SL3082906, GA GA 334942
Under Contract
Property is under contract
Address
2690 Riverside Dr, Macon, GA 31204
Show on MapDate Added
Aug 31, 2023
Days on Market
601 days
Time Since Last Update
8 days
Details
Marketing Description
New Management, upward trending revenue ! Red Carpet Inn 112 + 8 room hotel being offered for sale. Two and 3 three story interior corridor hotel on the north side of Macon, strategically located off I-75 within close proximity to all demand generators. Additional 8 rooms are currently used for 3 manager apartments, total of 120 rooms. Built in 1987, renovated in 2018-2022. Renovations included: exterior lighting, sign, computer system, carpet, locks, furniture, lamps, flatscreen TV’s, mattresses, microwave & refrigerator, PTAC’s, interior and exterior paint. Amenities include: complimentary breakfast, guest laundry, vending machines , courtyard pool and large conference room. Franchise agreement was just renewed for an additional 5 years. Macon is considered “The Heart of Georgia” and a midway point between Savannah and Atlanta. It is surrounded by 3 interstate highways: I-75, I-16 and I-475. Atlanta’s Hartsfield Jackson International Airport just 75 miles north.
Investment Highlights
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Upward trending revenue !
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112 rooms + 8
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Additional 8 rooms being used for 3 employee apartments
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Interior Corridor
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Off I-75 Exit 167 in NW Macon
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75 miles south of Atlanta
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Renovated 2018-2022
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Midway point between Atlanta and Savannah
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Outdoor Pool
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Property History
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Listing Contacts
- License: NC NC LC904, AL AL 157441, FL FL SL3082906, GA GA 334942
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Additional Information
Additional Information
Broker Name
Charlotte Jones
Broker License
GA GA 334942
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