Rashelle Hotel Atlanta - GA 4874 Old National Hwy 120 Room Hotel College Park, GA 30337 $7,677,560 CAD ($63,980 CAD/Room)

3 Miles from Atlanta International Airport.
Premium Interstate Location with Excellent Visibility Off the Interstate.
Located Right Off the Exit
The Hotel is adjacent to two major highways, I-85 and I-285, and sits adjacent to from the World's Busiest Airport Hartsfield Jackson, only minutes from Downtown Atlanta and 2.2 miles from Georgia International Convention Center.
Opportunity to enter one of the most prominent and well-recognized markets of Atlanta being adjacent to the world's busiest airport.
With an expected increase in demand to the area and an overall reduction of supply, a new owner should be able to drive higher RevPAR and significantly increase cash flow to the bottom line.
Incredible Value Add Opportunity In Atlanta Market
Property Highlights:
1. Prime Downtown Location – Located in the heart of Atlanta, the hotel offers easy access to the city's vibrant business district, shopping, dining, and entertainment options. The hotel is approximately 13 miles from Downtown Atlanta.
2. Proximity to Major Attractions – 14 miles from the Georgia Aquarium, 15 miles from World of Coca-Cola, and 12.8 miles from Centennial Olympic Park, the hotel places near Atlanta’s top attractions.
3. Convenient Access to Transportation – Located near major highways and public transportation, the hotel is about 3 miles from Hartsfield-Jackson Atlanta International Airport, making travel convenient.
4. Business-Friendly Amenities – Situated close to the Georgia World Congress Center, 14.4 miles away, and other corporate offices, making it a great choice for those attending conferences, conventions, and meetings.
5. Cultural Hotspot – With easy access to museums, theaters, and music venues, the hotel is about 14.2 miles from the Fox Theatre, and 21.6 miles from the Atlanta History Center.
6. Green Space and Outdoor Activities – For outdoor enthusiasts, the Atlanta BeltLine is just 14.6 miles away, offering cycling, walking, and jogging opportunities, while Piedmont Park is only 16.3 miles from the hotel.
College Park, located adjacent to Hartsfield-Jackson Atlanta International Airport, is a city experiencing significant revitalization and growth. Its developments are focused on a mix of residential, commercial, and public infrastructure projects, often in partnership with private developers, to transform the city into a more vibrant and livable community. Here are some of the key developments coming to College Park:
Major Redevelopment and Mixed-Use Projects
Six West: This is a major public-private development project spanning over 311 acres of city-owned property. Located just west of the historic downtown and the College Park MARTA station, Six West is envisioned as a mixed-use regional center with residential, commercial, and entertainment venues. This project is a centerpiece of the city's long-term development strategy.
Godby Road Corridor Revitalization: The city is making a concerted effort to re-energize the Godby Road corridor. A key component of this is the Blue Sky affordable housing complex, a 180-unit project under construction that will feature six buildings and a clubhouse with a pool. This development is designed to provide more housing options and is part of a broader "smart growth" initiative.
Residential Developments
Affordable Housing: In addition to the Blue Sky development, College Park is prioritizing the creation of a diverse range of housing options. This includes new residential developments and apartments aimed at providing affordable housing for residents, with a specific focus on those who work in the area, including at the airport.
New Construction Communities: Several new housing communities are being built by various developers, offering a mix of single-family homes, townhomes, and condos. Examples include:
Hawthorne Station and Sherwood Manor are new home communities with various floor plans and units under construction.
Morning Creek Forest is a new townhome community.
Commercial and Public Projects
Gateway Center Campus: This campus is a key economic driver for College Park. It includes the Georgia International Convention Center (GICC), the Gateway Center Arena, hotels, and office space, all connected to the airport via the ATL Skytrain. There are plans for new hotels and other businesses to be added to this campus.
New Businesses and Retail: The city is seeing an influx of new businesses and is actively supporting the revitalization of its downtown area. This includes:
New businesses and restaurants are opening along Main Street, filling vacant storefronts and attracting new customers.
The city is using a facade grant program to help improve commercial properties in the Main Street and Virginia Avenue Business District.
Recreation and Green Space: College Park is also focusing on improving its public spaces.
A new botanical garden is planned for a 40-acre site on Camp Truitt. The project is a collaboration with Fulton County and is intended to be an "urban oasis" for residents and a tourist destination.
A new city park is also planned for the area around the new Blue Sky development.
The Gateway Pedestrian Bridge and Trail Project is a development that will connect the Gateway Campus to Downtown College Park, improving walkability and connectivity.
Please Do Not Call The Hotel or Hotel Employees about the Sale of the Hotel. Absentee Owner.