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Investment Highlights
- 17-unit operating motel with consistent occupancy and minimal vacancy
- New roof (2023)
- Income-producing asset in-place — immediate cash flow opportunity
- 10.79 acres + ~8,000 SF building
- ±2 miles to Downtown Macon + quick access to I-16 & I-75
- 40± parking spaces with direct Gray Highway frontage
Executive Summary
Fully Operational, 17-Unit, Motel/Extended Stay, with Ample Parking (40± spots) fronting Gray Highway, in Macon-Bibb County. This property is consistently occupied, with very little vacancy. Over 10 acres of land accompanies this nearly 8,000 sf motel as well. Brand new roof installed in late 2023.
Conveniently situated in Bibb County, this property is just over two miles from Historic Downtown Macon and all of its attractions and amenities. The location also offers easy access to public transportation and is approximately 2.5± miles from both I-16 and I-75.
Conveniently situated in Bibb County, this property is just over two miles from Historic Downtown Macon and all of its attractions and amenities. The location also offers easy access to public transportation and is approximately 2.5± miles from both I-16 and I-75.
Property Facts
| Price | $1,515,778 CAD | Building Size | 7,438 SF |
| Price Per Room | $89,163 CAD | No. Rooms | 17 |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1952 |
| Property Subtype | Hotel | Parking Ratio | 5.38/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 11.10 AC | Opportunity Zone |
Yes
|
| Zoning | C-4 - Commercial | ||
| Price | $1,515,778 CAD |
| Price Per Room | $89,163 CAD |
| Sale Type | Investment |
| 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 | 5.38/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | C-4 - Commercial |
Amenities
- Wheelchair Accessible
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 17 | $55.12 CAD | - |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | S053-0011 | Improvements Assessment | $173,623 CAD |
| Land Assessment | $192,246 CAD | Total Assessment | $365,868 CAD |
Property Taxes
Parcel Number
S053-0011
Land Assessment
$192,246 CAD
Improvements Assessment
$173,623 CAD
Total Assessment
$365,868 CAD
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Courtesy Court | 2240 Gray Hwy
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