GA > Statesboro
Statesboro, GA 30458,316 S Main ST
Statesboro, GA 30458,316 S Main ST
Statesboro, GA 30458,316 S Main ST
Statesboro, GA 30458,316 S Main ST
Statesboro, GA 30458,316 S Main ST
Statesboro, GA 30458,316 S Main ST
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Fri
4
Apr
Sat
5
Apr
Sun
6
Apr
Julie Brittain

Julie Brittain

+1(404) 966-3328
$ 4,000,000
Est. payment | /mo

1.33 Acres Lot

Save
$ 4,000,000
Est. payment | /mo
Save

1.33 Acres Lot

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

MLS Listing ID 7461737

Construction Status Resale

HOA Y/N No

Originating Board First Multiple Listing Service

Year Built 1991

Annual Tax Amount $30,000

Tax Year 2023

Lot Size 1.330 Acres

Acres 1.33

Property Sub-Type Business

Property Description

The Red Roof Inn, conveniently located just 3 miles away from the esteemed Statesboro University, has undergone an impressive transformation with recent renovations that enhance both its aesthetic appeal and functionality. Guests will appreciate the brand-new roof, which comes with a robust 15-year warranty, ensuring peace of mind for years to come. Among its 65 well-appointed rooms, 10 luxurious suites provide an elevated experience, while 2 rooms have been specially designated for housekeeping purposes. This property generates a remarkable $870,000 in gross annual revenue, showcasing its strong performance in the hospitality sector. With a competitive Average Daily Rate (ADR) of $65, the inn enjoys a stable occupancy rate ranging from 60% to 65%, making it an attractive investment opportunity. Interested investors and potential buyers are encouraged to reach out to the listing agent for further details. The asking price is flexible, and arrangements for private loans have already been pre-approved, easing the path to ownership. Viewings of this vibrant business are offered by appointment only, and it is important to note that the property is currently staffed by dedicated employees who ensure it runs smoothly.

Location

State GA

County Bulloch

Zoning HOC

Lake Name None

Rooms

Other Rooms None

Basement None

Interior

Interior Features High Ceilings 10 or Greater, Living Space Available, Other

Heating Forced Air

Cooling Ceiling Fan(s), Other

Flooring Carpet, Tile, Vinyl, Other

Window Features Display Window(s)

Exterior

Parking Features Parking Lot

Fence None

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available

Waterfront Description None

View Other

Roof Type Metal

Street Surface Asphalt

Accessibility Accessible Doors, Accessible Electrical and Environmental Controls, Accessible Entrance, Accessible Full Bath, Grip-Accessible Features, Accessible Hallway(s), Accessible Kitchen, Accessible Kitchen Appliances, Accessible Washer/Dryer

Handicap Access Accessible Doors, Accessible Electrical and Environmental Controls, Accessible Entrance, Accessible Full Bath, Grip-Accessible Features, Accessible Hallway(s), Accessible Kitchen, Accessible Kitchen Appliances, Accessible Washer/Dryer

Total Parking Spaces 100

Private Pool false

Building

Lot Description Business Park

Story Two

Foundation Block

Level or Stories Two

Structure Type Aluminum Siding

New Construction No

Construction Status Resale

Others

Senior Community no

Tax ID S30000025000

Acceptable Financing Other

Listing Terms Other

Special Listing Condition None

First Multiple Listing Service(FMLS)
Listed by Virtual Properties Realty.com

GET MORE INFORMATION

+1(404) 966-3328
www.AtlantaLuxLiving.com
800 Battery Ave SE, Atlanta, GA, 30339, USA
Name
Phone*
Message

By checking this box, I agree by electronic signature to (1) the Electronic Disclosure Consent; (2) receive recurring marketing communication from or on behalf of Julie Brittain, including auto-dialed calls, texts, and prerecorded messages (consent not required to make a purchase; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for help); and (3) the Terms of Service and Privacy Policy of this website. I understand that I can call +1(404) 966-3328 to obtain direct assistance.