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Key Highlights:Rentable Rooms: 75Trailing 12-months Revenue (on paper): $326,372Occupancy Rate: 29.1%Average Daily Rate (ADR): $50RevPAR: $11.93Effective ADR (including Weekly Stays): $40.97Typical Weekly Rate: $230 per week (excl. taxes)Live where you work! Property includes Manager's Apartment (1 bed, 1 bath, kitchen, and living room) as well as a large Owner's Residence with 5-Bedrooms, 5.5 Bathrooms and kitchen with living room, roughly 3,500 sq ft!Total Rooms: approximately 90 by reclaiming storage / owner / manager suitesRoughly 1/4th of the rooms being rented out are weekly stays, with a lot of construction crews. There is limited online reservation as 70% of the customers are local. Therefore, there is no value in being with a franchise and paying royalties!The Property currently has a Wyndham flag. However, the franchise agreement will be terminated. Buyer can decide to rebrand or run it as an independent property and avoid royalties! Asking only $29k per key!Seller's Take Home is $117,000 per year! Seller lives onsite and manages the front desk so he does not have to pay a front desk employee.Seller is obtaining a Liquor License and converting a few rooms into a 2,000 sq ft liquor store to meet the local demand! Expected Open Date is in February!Hotel Information:Property is 1.5 acres! Building is 37,202 SF!Prime Albany location with strong visibility and traffic!Excellent opportunity for both new and experienced operators!Geographic & Demographic Details:High traffic location with 23,900 vehicles passing daily!Restaurants nearby are Harvest Moon, Dunbar's BBQ & Soul Food, Pearly's Famous Country Cooking, Mi Casa Mexican Restaurant, and Tropical Taste Restaurant!Minimal competition! Located just half a mile from Hilton Garden Inn Albany, a leading downtown hotel that signals confidence in the city’s revitalization. The surrounding corridor continues to attract investment and redevelopment interest. Hotels nearby are Merry Acres Inn, Luxury Inn By OYO, Quality Inn, Knights Inn, and Sunrise Inn By OYO!Colleges nearby are Albany State University and Albany Technical College, collectively serving over 9,500 students and faculty!Schools nearby are Dougherty Comprehensive High School, Albany Middle School, Lake Park Elementary School, and Lincoln Elementary Magnet School, collectively serving over 3,300 students and faculty!Albany Transportation Center in downtown Albany opened in 2023! A new multimodal hub with Greyhound slips and 12 bus bays! A fresh demand/foot‑traffic driver three blocks from the Motel Property!Industrial/employer stability in the area! The Marine Corps Logistics Base in Albany anchors the metro with 4,000 personnel and nearly $1.7B annual impact with a recurring crew and contractor long term stay potential!AMADAS Industries broke ground on a $10M expansion in 2024 in Albany! WebstaurantStore has grown to nearly 500 employees since opening its distribution center in 2015! Steady contractor/visitor demand in the area!Less than 3 hours from Atlanta, GA! Less than 2 hours from Tallahassee, FL! 1 h 30 min from Columbus, GA!Asking Price for Motel Property with On-Site Owner's Residence: $2.2M.
Deal includes 4 houses! 3 houses are generating Airbnb and Vrbo income with an opportunity to increase income with the 4th house! The 4th house is the largest house and only requires renovations to open!Each house is a 2 bedroom and 1 bath, with the 4th house being 3 bedrooms and 1.5 bath!Airbnb income is $5,500 per month! Consistently occupied by Airbnb and Vrbo guests throughout the year!Seller has cleaning staff in place to manage the houses!Houses are always occupied and busy! Seller will be able to provide P&L and reservations list ONLY during official due diligence!20 mins from Vidalia and Swainsboro, GA! 40 mins from Dublin, GA! 1 hour 30 min from Savannah, GA! 2 hrs 45 mins from Atlanta, GA! 1 hour 20 mins from Macon, GA! 1 hour 40 mins from Augusta, GA!The 3 houses currently being rented include new mattresses, TVs, and the latest Washer and Dryer!Minimal competition! Only one other Vrbo in a 5-mile radius!Seller lives in Atlanta and is managing remotely.Factory located 15 minutes away which brings a lot of Airbnb and Vrbo guests consistently! Hunting ground nearby pulls in a lot of year-end guests.Asking Price for the 4 Houses: $599,000! That is a cap rate of 11%!
Yearly sales are expected to generate over $250,000! Motel is newly renovated and recently reopened!The Motel currently has 24 rentable rooms! Downstairs has an additional separate Office and Manager's Living Room and Kitchen onsite! Upstairs, the Manager is occupying 4 rooms for her family. Opportunity to expand to 30 rentable rooms!Daily rate is $45. The weekly rate is $225. The monthly rate is $800. Occupancy rate is roughly 70%.Net profit before mortgage is over $166,000 per year AFTER $24,000 in Manager wages, $23,000 in utilities, $18,000 in insurance, and all other expenses!House next-door to the Motel property is included in the sale! Currently the house is in bad condition and will need to be completely renovated. It is 1,000 square feet with 1 bedroom and 1 bath and a basement! After renovations, Buyer could also rent out the house for $650 per month for additional cash flow!Geographic DetailsNear schools like Albany State University with over 5,800 students and Albany Technical College with over 3,000 students!Close proximity to restaurants like Subway, Checkers, Waffle House, Hardee’s, and Cook Out!Near local hotspots like the MillerCoors Albany Brewery, regional Hospital, Planetarium, and Riverside Park with consistent river tourism!Asking Price for the Newly Renovated Motel Property with Adjacent House is only $1.2M!If interested, please contact us anytime with your e-mail, full name and best contact number using reply to this ad button.
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The local office provides top of the line management services for our clients that lack the time and the expertise needed for the “day-to-day” management of their real estate properties and investments. The new owners’ role is multi-faceted: to find and screen tenants, process rent payments, provide property inspections, maintenance & repairs, and process evictions when necessary. This is a busy, home based, real estate and property management business. We are one of the top property management solutions in the market. The sale includes modern technology, back-office support including marketing and accounting, comprehensive training, and over 50 revenue streams in 4 pillars of management. Step into predictable revenue streams of income. Totally recession proof business. Whether the real estate market is ''booming'' or ''busting'' properties still need to be managed. Rents need to be collected. Bills paid. Roofs fixed. We provide all these valuable and profitable services and more. The business has the opportunity for continual and nearly unlimited growth depending on the new owner’s time commitment. This office will be partnered with a well-established and nationally recognized brand with over 400 offices nationwide. No prior real estate experience is needed. Customized property management software and full training included
Rentable Rooms: 30Property shutdown due to fire damage but is now Newly Renovated! Property will open in 15 to 30 days!Additional to the 30 rental rooms are a Separate Office and Manager Room Onsite!House next-door to the motel property included in the deal! 1,000 square feet with 1 bedroom and 1 bath! House has a basement! House can obtain $650 in monthly rent if Buyer wishes!10 mins from Southwest Georgia Regional Airport, Parks at Chehaw & Flint River Municipal Golf Course, and the Albany Mall.5 mins from Phoebe Putney Memorial Hospital, Wetherbee Planetarium & Flint RiverQuarium, Albany State University, Albany Technical College & Riverside Park with river tourism!Surrounded by restaurants. Near the MillerCoors Albany Brewery!Asking Price for the Property is only $1.2M!If interested, please contact us with your email, full name and best contact number using reply to this ad button.
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