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La Quinta Inn & Suites by Wyndham Atlanta 1200 Virginia Ave 188 Room Hotel Atlanta, GA 30344 For Sale



Investment Highlights
- 188-key La Quinta Inn & Suites with brand window in 2 years, thus providing options
- Great location next to Delta’s Headquarters and Atlanta Airport
- Ground leased from City of Atlanta Department of Aviation, with term ending December 31, 2044
- Larger institutional management in place with upside through hands on operations
- Just 10 miles to Downtown Atlanta
- Opportunity to work with Airport on Lease terms through new ownership
Executive Summary
La Quinta® by Wyndham Atlanta Airport North hotel is conveniently located off I-85 and provides a free airport shuttle to nearby Hartsfield-Jackson International Airport (ATL). The hotel is a short drive to the heart of Atlanta where you can visit the World of Coca-Cola, Georgia Aquarium, CNN Center, and more. Business travelers will have easy access to the Georgia World Congress Center and headquarters of Home Depot, United Parcel Service, and Coca-Cola. With amenities like on-site fitness center with Peloton® Bikes, outdoor pool, free WiFi and a business center, you’ll have everything you need for a great trip.
Property Facts
| Sale Type | Investment | No. Rooms | 188 |
| Property Type | Hospitality | No. Stories | 6 |
| Property Subtype | Hotel | Year Built/Renovated | 1998/2016 |
| Building Class | B | Parking Ratio | 3.55/1,000 SF |
| Lot Size | 5.10 AC | Corridor | Interior |
| Building Size | 84,506 SF | ||
| Zoning | CR | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 5.10 AC |
| Building Size | 84,506 SF |
| No. Rooms | 188 |
| No. Stories | 6 |
| Year Built/Renovated | 1998/2016 |
| Parking Ratio | 3.55/1,000 SF |
| Corridor | Interior |
| Zoning | CR |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- Shuttle Service
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 6 | $218.32 CAD | - |
| Guest Room | 182 | $183.10 CAD | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 14-0127-LL-087-7 | Improvements Assessment | $8,804,020 CAD |
| Land Assessment | $985,661 CAD | Total Assessment | $9,789,681 CAD |
Property Taxes
Parcel Number
14-0127-LL-087-7
Land Assessment
$985,661 CAD
Improvements Assessment
$8,804,020 CAD
Total Assessment
$9,789,681 CAD
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La Quinta Inn & Suites by Wyndham Atlanta | 1200 Virginia Ave
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