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171-Key Hotel Repositioning Asset
For Sale
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3242 Peachtree Road Northeast, Atlanta, GA 30305

Existing hotel improvements offer flexibility for renovation, rebranding, or alternative-use conversion.

Property SizeContact for details
Days on Market8

Property Features for 3242 Peachtree Road Northeast

General Information

Standard status Active
Property subtype Hospitality
Listing Agency: Hodges Ward Elliott
Listed By: Clint Hodges · License #276580
Source: Crexi
Added: Sep 9 Changed: Sep 12 Last Checked: Sep 15 at 5:57AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hodges Ward Elliott

Investment Insights

Based on property information with market context.

This 171-key hotel is offered without an existing brand, management agreement, or financing in place, providing a flexible platform for a new operating or redevelopment strategy. The property retains an established hotel configuration and parking access, supporting renovation, rebranding, or consideration of an alternative use.

Located at 3242 Peachtree Road Northeast in Atlanta’s Buckhead CBD, the asset occupies an infill position within the submarket. RevPAR increased 6.5% year to date through July 2026, while no new hotel supply is currently under construction in Buckhead. The property’s existing layout and access characteristics may also support residential or other redevelopment planning.

Key Highlights

  • 171‑key hotel asset in Atlanta’s Buckhead CBD
  • Offered free of existing brand, management, and financing
  • Existing hotel configuration with parking access

Property Analytics

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Current Use

Thor Conklin Business Management Consultant Massage Infinity Alternative Medicine Practice Fidelity Investments Financial Advisor TaxShield Software (Bike/Boat/Book/etc) Store Tesla Destination Charger Electric Vehicle Charging Station

Suggested Use

Top Pick Pet Grooming Service Farmer's Market Butcher Mobile Phone Store Fish Market (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

9,288
Businesses Nearby

Demographics for 30305, GA

29,173
Population
17,272
Households
1.7
Avg Household Size
38
Median Age
78%
College-Educated
98%
High-School Grad
6.5 sq mi
ZIP Area
4,488
Density / Sq Mi
$107,836
Median Household Income
$83,332
Median Earnings
$1,914
Median Rent
$703,500
Median Home Value
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Frequently Asked Questions

What type of property is this?
Hotel - Existing hotel improvements offer flexibility for renovation, rebranding, or alternative-use conversion.
Where is this hotel located?
The property is located at 3242 Peachtree Road Northeast Atlanta, GA.
What are key features of this property?
This property features: 171‑key hotel asset in Atlanta’s Buckhead CBD; Offered free of existing brand, management, and financing; Existing hotel configuration with parking access
More about this property
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