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Courtesy Court 2240 Gray Hwy 17 Room Hotel Macon-Bibb, GA 31211 $1,814,696 CAD ($106,747 CAD/Room) 9.46% Cap Rate

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EXECUTIVE SUMMARY

Courtesy Court Motel in Macon, Georgia, presents a compelling turnkey investment opportunity situated in a high-visibility, high-traffic corridor adjacent to a Wal-Mart Supercenter. Boasting a consistent occupancy rate of approximately 75%, the property delivers stable immediate cash flow while offering significant value-add potential through the adjustment of below-market room rates. Recent major capital expenditures, most notably a complete roof replacement in 2022, ensure the asset is structurally sound, allowing a new investor to focus immediately on revenue optimization and operational growth.

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $1,814,696 CAD
Price Per Room $106,747 CAD
Sale Type Investment
Cap Rate 9.46%
Sale Conditions
Build to Suit
  • Business Value Included
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 11.10 AC
Building Size 7,438 SF
No. Rooms 17
No. Stories 1
Year Built 1952
Parking Ratio 3.9/1,000 SF
Corridor Exterior
Opportunity Zone Yes
Zoning C-4 - Commercial

ABOUT 2240 GRAY HWY , MACON-BIBB, GA 31211

The generous 11.10-acre lot offers significant potential for a new owner, whether you wish to continue operating the profitable existing motel or explore expansion, build-out, or commercial redevelopment opportunities on the excess land.

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Guest Room 17 $55.84 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
S053-0011
Land Assessment
$197,656 CAD (2025)
Improvements Assessment
$178,509 CAD (2025)
Total Assessment
$376,165 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
  • Listing ID: 38536323

  • Date on Market: 2025-11-21

  • Last Updated:

  • Address: 2240 Gray Hwy, Macon-Bibb, GA 31211

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