Economy Hotel Roswell
Hospitality | 127 Keys
Marketing description
Cushman & Wakefield’s Hospitality Group has been retained to offer for sale the fee simple interest in the 127-room Economy Hotel located in Roswell, Georgia. The property is a three-story, limited-service hotel that is conveniently located within close proximity to Holcomb Bridge Road and US Highway 19, providing excellent visibility and access along two of Roswell’s main thoroughfares. Additionally, the property benefits from being within the highly desirable Atlanta MSA, the most populous MSA in Georgia and the sixth-largest MSA in the United States with an estimated population of 6,307,261. The Economy Hotel Roswell offers investors the opportunity to acquire a 127 room property in a highly desirable and growing market that is only ~20 miles away from downtown Atlanta.
Note: This hotel is currently vacant and not in operation as of 2025. The hotel will be delivered as is. All offers are encouraged.
Link to View Video Walkthrough of the Economy Hotel Roswell: https://www.youtube.com/watch?v=BHfSPCsudp8
Please contact Broker for pricing: Cell - 304/881/6397
Investment highlights
• 127 Rooms
- Opportunity to convert to Suburban Studios by Choice Hotels, with key money available.
- Significant Brand Incentive Opportunity: Sonesta has indicated that key money is available across all of its brands, with the incentive amount determined by the selected brand, market conditions, and the negotiated PIP scope. According to Sonesta, a conversion to the Signature Inn by Sonesta brand may qualify for a substantial key money contribution, presenting an attractive opportunity to offset acquisition and renovation costs.
• Potential to convert to multifamily
• The Commercial Corridor (CC) District lists multifamily as a conditional use
• Independent hotel – unencumbered by the strict operating requirements and annual fees associated with franchising
• Was operating as an extended-stay hotel
• Consistent occupancy over the last three years averaging 86.5% (2022–2024)
• Value-add potential through operational and management efficiencies, repositioning opportunities, and introducing improved features/amenities to the property
• Hotel is being offered at an attractive price per room of ~$27,600 per room
• ~22 miles from downtown Atlanta
• ~30 miles from Hartsfield-Jackson Atlanta International Airport
• Hartsfield-Jackson Atlanta International Airport is the world’s busiest airport, with over 100 million (104,653,451) passengers annually
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