Rashelle Hotel Atlanta - GA
Hospitality | 120 Keys
Marketing description
Property is Currently Closed
This property will be Sold on a Projection Proforma Basis.
Incredible Value Add Opportunity In Atlanta Market.
Independent Branded Hotel. No Brand Affiliation.
Owner Financing Available to Qualified Investors with 20% Downpayment
Rooms: 120
2 Stories
Exterior Corridor
Built -1980
Well Built Solid Concrete Building.
Land Size: 2.35 Acres
2 Manager's Quarter
Potential Additional Airport Parking Income
Potential Billboard Income
- 3 Miles from Atlanta International Airport.
- Premium Interstate Location with Excellent Visibility Off the Interstate.
- Located Right Off the Exit
- The Hotel is adjacent to two major highways, I-85 and I-285, and sits adjacent to from the World's Busiest Airport Hartsfield Jackson, only minutes from Downtown Atlanta and 2.2 miles from Georgia International Convention Center.
- Opportunity to enter one of the most prominent and well-recognized markets of Atlanta being adjacent to the world's busiest airport.
- With an expected increase in demand to the area and an overall reduction of supply, a new owner should be able to drive higher RevPAR and significantly increase cash flow to the bottom line.
- Incredible Value Add Opportunity In Atlanta Market
Rashelle Hotel Atlanta is located just off Interstate I-85 along one of South Atlanta’s primary commercial corridors with direct connectivity to major transportation routes and business districts. The property sits approximately 13 miles south of Downtown Atlanta, providing convenient access to major demand generators throughout the metropolitan area. The location benefits from close proximity to Hartsfield-Jackson Atlanta International Airport, located approximately 3 miles from the property, making it strategically positioned within one of the busiest airport submarkets in the United States. Nearby attractions and landmarks include the Georgia International Convention Center approximately 2.2 miles away, Gateway Center Arena approximately 4 miles away, Camp Creek Marketplace approximately 5 miles away, Porsche Experience Center Atlanta approximately 7 miles away, Downtown College Park approximately 3 miles away, and the Atlanta Motor Speedway approximately 20 miles south. The property also benefits from its location along Old National Highway, a well-established commercial corridor featuring retail, dining, logistics operations, and numerous business centers that contribute to year-round economic activity.
This hotel offers an opportunity within a highly established airport-driven submarket with strong transportation infrastructure, diverse demand generators, and multiple revenue-supporting economic drivers. Its strategic location near Atlanta’s international airport, interstate access, convention facilities, logistics hubs, and commercial centers creates multiple avenues for business generation beyond a single demand source. The surrounding area continues to benefit from ongoing industrial, transportation, and commercial expansion, while the property’s position along a heavily trafficked corridor provides strong visibility and accessibility, creating potential for operational improvements, repositioning strategies, and long-term value growth.
Location Highlights:
1. The hotel is approximately 13 miles from Downtown Atlanta.
2. Proximity to Major Attractions – 14 miles from the Georgia Aquarium, 15 miles from World of Coca-Cola, and 12.8 miles from Centennial Olympic Park, the hotel places near Atlanta’s top attractions.
3. Convenient Access to Transportation – Located near major highways and public transportation, the hotel is about 3 miles from Hartsfield-Jackson Atlanta International Airport, making travel convenient.
4. Business-Friendly Amenities – Situated close to the Georgia World Congress Center, 14.4 miles away, and other corporate offices, making it a great choice for those attending conferences, conventions, and meetings.
5. The hotel is about 14.2 miles from the Fox Theatre, and 21.6 miles from the Atlanta History Center.
6.BeltLine is just 14.6 miles away, offering cycling, walking, and jogging opportunities, while Piedmont Park is only 16.3 miles from the hotel.
Please Do Not Call The Hotel or Hotel Employees about the Sale of the Hotel. Absentee Owner.
Investment highlights
College Park, located adjacent to Hartsfield-Jackson Atlanta International Airport, is a city experiencing significant revitalization and growth. Its developments are focused on a mix of residential, commercial, and public infrastructure projects, often in partnership with private developers, to transform the city into a more vibrant and livable community. Here are some of the key developments coming to College Park:
Major Redevelopment and Mixed-Use Projects
- Six West: This is a major public-private development project spanning over 311 acres of city-owned property. Located just west of the historic downtown and the College Park MARTA station, Six West is envisioned as a mixed-use regional center with residential, commercial, and entertainment venues. This project is a centerpiece of the city's long-term development strategy.
- Godby Road Corridor Revitalization: The city is making a concerted effort to re-energize the Godby Road corridor. A key component of this is the Blue Sky affordable housing complex, a 180-unit project under construction that will feature six buildings and a clubhouse with a pool. This development is designed to provide more housing options and is part of a broader "smart growth" initiative.
Residential Developments
- Affordable Housing: In addition to the Blue Sky development, College Park is prioritizing the creation of a diverse range of housing options. This includes new residential developments and apartments aimed at providing affordable housing for residents, with a specific focus on those who work in the area, including at the airport.
- New Construction Communities: Several new housing communities are being built by various developers, offering a mix of single-family homes, townhomes, and condos. Examples include:
- Hawthorne Station and Sherwood Manor are new home communities with various floor plans and units under construction.
- Morning Creek Forest is a new townhome community.
Commercial and Public Projects
- Gateway Center Campus: This campus is a key economic driver for College Park. It includes the Georgia International Convention Center (GICC), the Gateway Center Arena, hotels, and office space, all connected to the airport via the ATL Skytrain. There are plans for new hotels and other businesses to be added to this campus.
- New Businesses and Retail: The city is seeing an influx of new businesses and is actively supporting the revitalization of its downtown area. This includes:
- New businesses and restaurants are opening along Main Street, filling vacant storefronts and attracting new customers.
- The city is using a facade grant program to help improve commercial properties in the Main Street and Virginia Avenue Business District.
- Recreation and Green Space: College Park is also focusing on improving its public spaces.
- A new botanical garden is planned for a 40-acre site on Camp Truitt. The project is a collaboration with Fulton County and is intended to be an "urban oasis" for residents and a tourist destination.
- A new city park is also planned for the area around the new Blue Sky development.
- The Gateway Pedestrian Bridge and Trail Project is a development that will connect the Gateway Campus to Downtown College Park, improving walkability and connectivity.
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