Red Roof Inn & Suites Statesboro - University 316 S Main St 59 Room Hotel Statesboro, GA 30458 $5,164,904 CAD ($87,541 CAD/Room)

The Red Roof Inn, situated in an ideal location just three miles from the esteemed Georgia Southern University, boasts a recently completed renovation that enhances its appeal. The property is topped with a brand-new roof, accompanied by a robust 15-year warranty, offering peace of mind to potential investors.
This inviting establishment comprises a total of 65 well-appointed rooms, including 15 thoughtfully converted to feature modern standing showers, catering to the comfort and needs of guests. Among these accommodations, 10 rooms are luxuriously appointed as suites, providing an elevated experience for visitors seeking added amenities. Additionally, the facility includes two rooms dedicated to housekeeping operations, ensuring efficient management and upkeep.
The Red Roof Inn has demonstrated impressive financial performance, with annual gross revenue reaching $870,000. It achieves an Average Daily Rate (ADR) of $65, reflecting its competitive positioning in the hospitality market. Interested buyers are encouraged to reach out to the listing agent at 404-542-9391 for further inquiries. The asking price is negotiable, and financing options through a private loan have been successfully approved, making this a compelling investment opportunity.