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Shovel-Ready,188-Key Downtown ATL Development 355 Centennial Olympic Park Dr NW 162 Room Hotel Atlanta, GA 30313 $15,207,501 CAD ($93,873 CAD/Room)
INVESTMENT HIGHLIGHTS
- Construction Ready Hotel Development! - Fully Permitted Construction Drawings For 188 Key Hotel Development
- Ideally Positioned For Upcoming World Cup Games - One-Mile From Mercedes-Benz Stadium
- Residence Inn By Marriott Franchise Flag In Place
- Located In Close Proximity To: Georgia Aquarium, Georgia Tech, Georgia State University, Centennial Olympic Park, Centennial Yards, World of Coca-Cola
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to present this development opportunity for a 188 Key - Residence Inn by Marriott in Downtown Atlanta. The property is completely construction ready, with full construction plans permitted and entitlements in place. The subject site is ideally located on Centennial Olympic Park Drive in Downtown Atlanta's Hotel Zone.
The property bene its greatly from it's ideal location between the Georgia Aquarium (the largest aquarium in the United States), Centennial Olympic Park, Georgia Tech, Mercedes Benz Stadium, State Farm Arena, and More! The area bene its from the current tourists attractions and events, corporate headquarters and conferences, and upcoming developments set to further bolster the area.
The new hotel development will serve to capitalize on the current visitor demand in Atlanta, while capturing the anticipated demand that will be created from the eight World Cup Games Mercedes Benz Stadium will host in the summer of 2026. The property will be delivered with permitted construction plans for the development.
The property bene its greatly from it's ideal location between the Georgia Aquarium (the largest aquarium in the United States), Centennial Olympic Park, Georgia Tech, Mercedes Benz Stadium, State Farm Arena, and More! The area bene its from the current tourists attractions and events, corporate headquarters and conferences, and upcoming developments set to further bolster the area.
The new hotel development will serve to capitalize on the current visitor demand in Atlanta, while capturing the anticipated demand that will be created from the eight World Cup Games Mercedes Benz Stadium will host in the summer of 2026. The property will be delivered with permitted construction plans for the development.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $15,207,501 CAD | Construction Status | Final Planning |
| Price Per Room | $93,873 CAD | Building Size | 248,339 SF |
| Sale Type | Investment | No. Rooms | 162 |
| Property Type | Hospitality | No. Stories | 14 |
| Property Subtype | Hotel | Year Built | 2027 |
| Building Class | B | Parking Ratio | 0.65/1,000 SF |
| Lot Size | 0.81 AC | Corridor | Interior |
| Zoning | C1 | ||
| Price | $15,207,501 CAD |
| Price Per Room | $93,873 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.81 AC |
| Construction Status | Final Planning |
| Building Size | 248,339 SF |
| No. Rooms | 162 |
| No. Stories | 14 |
| Year Built | 2027 |
| Parking Ratio | 0.65/1,000 SF |
| Corridor | Interior |
| Zoning | C1 |
AMENITIES
- Fitness Center
- Pool
- Restaurant
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 162 | $300.00 CAD | - |
Walk Score®
Walker's Paradise (90)
Transit Score®
Excellent Transit (78)
Bike Score®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 14-0079-0011-057-4 | Improvements Assessment | $0 CAD |
| Land Assessment | $2,188,010 CAD | Total Assessment | $2,188,010 CAD |
PROPERTY TAXES
Parcel Number
14-0079-0011-057-4
Land Assessment
$2,188,010 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,188,010 CAD
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Shovel-Ready,188-Key Downtown ATL Development | 355 Centennial Olympic Park Dr NW
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