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The Thunderbird Inn 611 W Oglethorpe Ave 42 Room Hotel Savannah, GA 31401 $12,255,861 CAD ($291,806 CAD/Room)

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Investment Highlights

The Thunderbird Inn is a 42-room, independently operated hotel that has been open since 1964, with a full remodel completed in 2018.
Modern comforts blend with retro features, including a period neon sign, prominent mural, EV chargers, enclosed dog run, diner-style lobby, and more.
Guests can walk to several major museums, sightseeing shuttles, Savannah Civic Center, and popular restaurants like The Grey and 39 Rue de Jean.

Comprises single-bed, double-bed, and suite rooms targeting cost-conscious travelers with additional income from events and merchandise.
Acclaimed site on the National Register of Historic Places with mentions or accolades from USA Today, New York Times, Southern Living, and more.

Executive Summary

The Thunderbird Inn presents the opportunity to acquire a downtown cultural landmark, known as “the hippest hotel in Savannah,” that has been fully remodeled into an Americana time capsule with all the features modern travelers expect.

Originally opened in 1964, The Thunderbird Inn still captures the essence of the 60s, with retro features like its poppy neon sign, Mid-Century Modern architecture, a nostalgic diner-style lobby, and its classic “Welcome to Savannah” mural. The 42-room motel was then festively restored in 2018, providing travelers with modern lodging accommodations without losing the free-spirited charm that gained it recognition as one of the Top 10 Best Retro Hotels by USA Today.

The unit mix comprises single king, single queen, double queen, and king suite rooms, all decked out with vintage décor, plush bedding, contemporary lighting, and high-end bathrooms. The Thunderbird Inn offers budget-friendly rates, strong historical occupancy, and alternative revenue streams from events and branded merchandise.

611 W Oglethorpe Avenue is situated on approximately 0.5 acres in the heart of Savannah’s Historic District, surrounded by some of the city’s top museums, sightseeing expeditions, and chic restaurants. There are nearby bus and shuttle stops so guests can be transported throughout the city, but any adventurous traveler can walk to countless destinations without a vehicle.

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Property Facts

Price	$12,255,861 CAD	No. Rooms	42
Price Per Room	$291,806 CAD	No. Stories	2
Sale Type	Investment	Year Built/Renovated	1964/2018
Property Type	Hospitality	Tenancy	Single
Property Subtype	Hotel	Parking Ratio	4.37/1,000 SF
Building Class	C	Corridor	Exterior
Lot Size	0.48 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Size	18,290 SF
Zoning	I-L

Price	$12,255,861 CAD
Price Per Room	$291,806 CAD
Sale Type	Investment
Property Type	Hospitality
Property Subtype	Hotel
Building Class	C
Lot Size	0.48 AC
Building Size	18,290 SF
No. Rooms	42
No. Stories	2
Year Built/Renovated	1964/2018
Tenancy	Single
Parking Ratio	4.37/1,000 SF
Corridor	Exterior
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	I-L