2682 Windy Hill Rd Marietta, GA 30067
- Hotels
- 23,408 SF
- 1.48 lot acres
Current Use by Public Records
- Masters Inn Marietta / Hotel / Motel
- Western Inn Marietta / Inn
Property Details for 2682 Windy Hill Rd
- Year built
- 1985
- Lot size
- 1.48 lot acres
- Property size
- 23,408 SF
- Zone code
- GC
- Property type
- Hotels
- Property subtype
- Motels
- APN
- 17085100250
- APU
- 17085100250
Description
The Western Inn Marietta, formerly known as the Masters Inn, presents a compelling investment opportunity. This 87-key hotel boasts a prime location in Marietta, Georgia, at 2682 Windy Hill Rd SE, 30067, offering easy access to key attractions including the Cobb Galleria Centre, Six Flags White Water, and SunTrust Park (Atlanta Braves). The property, built in 1984, encompasses 23,408 square feet, with an asking price of $4,999,999, translating to $213.60 per square foot. Its strategic location near numerous restaurants, shops, and entertainment venues positions it for significant growth. Currently undermanaged and lacking an online presence, this hotel presents substantial added value and upside potential for a new owner. The property is being offered for sale, with a live sale event scheduled for October 3-5, allowing for on-site property tours, financial review, and immediate offer submission. This represents a unique chance to acquire a well-situated hotel with considerable untapped potential in a thriving market. The hotel's current state presents an opportunity for an owner to implement effective management strategies and capitalize on its prime location and proximity to major attractions.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $225,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $195,000
- 6.5%
- $205,000
- 7%
- $205,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $195,000
- Geo Method
- $240,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $185,000
- Retail
- $190,000
- Mixed-Use
- $190,000
- Hospitality
- $220,000
- Educational
- $195,000
- Residential Income
- $180,000
- Energy
- $170,000
- Income-Based Land
- $230,000
- Food Service
- $230,000
Location Insight
- Map
- Local Demand
- City
- Marietta
- County
- Cobb
- State
- Georgia
- Longitude
- -84.4762
- Latitude
- 33.8998
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA