Key Features

• 38 Rooms
• Red Roof Inn: 96 Rooms
• HomeTowne Studios: 42 Rooms
• All 42 Rooms In The HomeTowne Studios Contain Kitchenettes That Are Equipped With Refrigerators, Microwaves, Stove Tops, And Dining Areas
• The property also features an additional 1.7-acre development site located behind the hotel, where you have the option to construct another hotel or utilize the land for parking. In total, the acreage encompasses 4.95 acres.
• While the seller prefers to sell both the land and the hotel together, they may consider separate sales.
• Opportunity To Increase RevPAR To Competitive Set Standards And Exceed Performance Of Competition Through Strong Hands-On Management And Increased Marketing
• Potential To Convert The Property To Multifamily
• B-2, General Business Zoning District
• The current zoning for the property is B-2 (General Business). If you convert the hotel into a multi-family use then the requirement is 29 units per acre with a 1.5 parking space requirement per unit. The property is situated on approximately 4.95 acres, enabling the accommodation of 143 multi-family units.
• Approximately 1.8 Miles To Augusta National Golf Club
• Every April, The Augusta National Hosts The Masters, One Of The World’s Four Major Golf Tournaments, And The Women’s Amateur During The First Two Full Weeks Of April
• Located Directly Off Of Interstate-20 And Along Washington Road, Providing Ease Of Access And Displaying Excellent Signage To Commuters
• The Section Of Interstate-20 & Washington Road Closest To The Property Has An Average Annual Daily Traffic (AADT) Count Of Approximately 64,000 Vehicles Per Day