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Kristen Pollock

kristen.pollock@evatlanta.com +1(404) 946-1770

$ 4,000,000

Est. payment -/mo

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Active

316 South Main St Statesboro, GA 30458

1.33 Acres Lot

UPDATED:

09/25/2024 10:14 PM

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 Description

The Red Roof Inn, ideally situated just 3 miles from Statesboro University, has been recently renovated. It boasts a brand-new roof with a 15-year warranty and 15 rooms upgraded to standing showers. Out of 65 available rooms, 10 are suites, and 2 are designated for housekeeping. The property generates $870k in gross annual revenue, with an Average Daily Rate (ADR) of $65 and an occupancy rate between 60% to 65%. Interested parties should contact the listing agent The price is negotiable, and private loans have been pre-approved. Viewings are by appointment only and the business is currently staffed by employees.

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, Vinyl, Other

Window Features Display Window(s)

Exterior

Garage 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

Parking Type Parking Lot

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

Acceptable Financing Other

Listing Terms Other

Special Listing Condition None

Listed by Virtual Properties Realty.com

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Kristen Pollock

Associate Broker | License ID: 393794

+1(404) 946-1770

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Kristen Pollock

Kristen Pollock

316 South Main St Statesboro, GA 30458

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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316 South Main St