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TownePlace Suites by Marriott – Savannah 11309 Abercorn St 93 Hotel Rooms Online Auction Sale Savannah, GA 31419


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Investment Highlights
- TownePlace Suites by Marriott – Savannah, located at 11309 Abercorn Street, a 93-unit hotel spanning 54,240 square feet on 2.38 acres.
- Within 5 miles of year-round demand drivers, such as Hunter Army Airfield, Oglethorpe Mall, and Memorial Health University Medical Center.
- Offered unencumbered of brand for immediate flexibility in rebranding or adaptive reuse, like apartment conversion (permitted under current zoning).
- High-quality asset with major updates, including a full 2018 renovation, contributing to over $3.3 million in capital expenditures since then.
Executive Summary
Hunter Advisors has been exclusively engaged to solicit offers for the acquisition of the TownePlace Suites by Marriott – Savannah (the “Hotel” or “Property”), a 93-key, institutional-quality extended-stay asset strategically located along Abercorn Street within Savannah’s Southside submarket. The Hotel is being offered unencumbered of brand, providing a new owner with immediate flexibility to implement a rebranding strategy or pursue alternative use optionality, such as multifamily conversion. The Property is being offered below replacement cost, presenting investors with the opportunity to acquire a well-located asset at an attractive basis within a high-growth corridor.
Located at 11309 Abercorn Street, the Property benefits from a highly visible position along one of the city’s most heavily trafficked commercial corridors, supported by a diverse base of demand generators including Georgia Southern University’s Armstrong Campus, Hunter Army Airfield, and a strong healthcare network anchored by Memorial Health University Medical Center and Candler Hospital. Additionally, the Hotel is located approximately 15 minutes from Historic Downtown Savannah, providing access to one of the Southeast’s premier leisure destinations, which welcomes approximately 12.9 million visitors and generates more than $4 billion in visitor spending each year.
The Savannah MSA has experienced approximately 6.5% population growth since 2020, with continued growth projected through 2030, supported by ongoing institutional investment, including the development of a new Dental College of Georgia facility near the Armstrong Campus, a $178 million state-funded project expected to be delivered by mid-2028.
Property tours are available by appointment only. Please contact the listing broker to schedule.
Located at 11309 Abercorn Street, the Property benefits from a highly visible position along one of the city’s most heavily trafficked commercial corridors, supported by a diverse base of demand generators including Georgia Southern University’s Armstrong Campus, Hunter Army Airfield, and a strong healthcare network anchored by Memorial Health University Medical Center and Candler Hospital. Additionally, the Hotel is located approximately 15 minutes from Historic Downtown Savannah, providing access to one of the Southeast’s premier leisure destinations, which welcomes approximately 12.9 million visitors and generates more than $4 billion in visitor spending each year.
The Savannah MSA has experienced approximately 6.5% population growth since 2020, with continued growth projected through 2030, supported by ongoing institutional investment, including the development of a new Dental College of Georgia facility near the Armstrong Campus, a $178 million state-funded project expected to be delivered by mid-2028.
Property tours are available by appointment only. Please contact the listing broker to schedule.
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Offering Memorandum Click Here to Access
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
- Miscellaneous
Market Analytics Click Here to Access
Property Facts
| Sale Type | Investment | Building Size | 55,640 SF |
| Sale Condition | Auction Sale | No. Rooms | 93 |
| Type of Ownership | Fee Simple | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 1998/2006 |
| Property Subtype | Hotel | Parking Ratio | 2.16/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 2.34 AC | Parcel Number | 2075601022 |
| Zoning | PUDIS | ||
| Sale Type | Investment |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.34 AC |
| Building Size | 55,640 SF |
| No. Rooms | 93 |
| No. Stories | 3 |
| Year Built/Renovated | 1998/2006 |
| Parking Ratio | 2.16/1,000 SF |
| Corridor | Interior |
| Zoning | PUDIS |
| Parcel Number | 2075601022 |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
- Digital key
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 93 | $172.39 CAD | - |
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
20/100
Fairly bikeable
40/100
Sale Advisor
Mayank Patel, Senior Vice President
Mayank has worked at Hunter Hotel Advisors for over nine years and has recently transitioned from lead analyst to investment sales. Mayank has extensive underwriting experience and has performed thousands of valuations for various ownership groups including private equity firms and REITs. His depth of experience with every hotel brand across the nation through diverse economic conditions makes him a critical member of the Hunter team. Mr. Patel is a graduate of the University of North Carolina at Chapel Hill with a Bachelor of Arts in Economics.
About the Auction Technology
Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
Read More
Auction Contact
Molly Patten
Contact
Auctioneer License:
Ten-X Commercial, LLC Jessica Anne Figueroa RE Brkr 75044. Ten-X Commercial, LLC Arlene Richardson Auction Firm AU003185
1 of 32
Videos
Matterport 3D Exterior
Matterport 3D Tours
Photos
Street View
Street
Map
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000 USD
Maximum Transaction Fee
$300,000 USD
Example Calculation
Winning Bid Amount
$5,000,000 USD
Transaction Fee
$150,000 USD (3%)
Total Purchase Price
$5,150,000 USD
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TownePlace Suites by Marriott – Savannah | 11309 Abercorn St
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