316 South Main St

Statesboro, GA 30458

$4,000,000

The Red Roof Inn, ideally situated just 3 miles from Statesboro University, has been recently renovated. It boasts a brand-new roof with a 15-year warranty and 15 rooms upgraded to standing showers. Out of 65 available rooms, 10 are suites, and 2 are designated for housekeeping. The property generates $870k in gross annual revenue, with an Average Daily Rate (ADR) of $65 and an occupancy rate between 60% to 65%. Interested parties should contact the listing agent The price is negotiable, and private loans have been pre-approved. Viewings are by appointment only and the business is currently staffed by employees.

    MLS Data

  • StatusActive
  • MLS #7461737
  • TypeCommercial

    Exterior Details

  • ConstructionAluminum Siding
  • Built In1991
  • StoriesArray
  • ParkingParking Lot
  • UtilitiesCable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Lot DescriptionBusiness Park
  • Lot Dimensions220X293X231X227
  • Acres1.33

Listing Provided Courtesy Of: Virtual Properties Realty.com 770-495-5050

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Data Last updated on November 21, 2024 9:30am


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