Property summary
This exceptional 59-key hotel presents a compelling investment opportunity in the thriving Stone Mountain, Georgia market. Built in 1998, this two-story property sits on a spacious 1.69-acre lot at 1595 E Park Pl Blvd, Stone Mountain, GA 30087, within Gwinnett County. The hotel's strong performance is evidenced by a robust 2023 RevPAR of $64.65, reflecting consistent demand and operational efficiency. Furthermore, the property boasts a commendable average Net Operating Income (NOI) margin of 38.3% over the past three years (2021-2023), demonstrating its profitability and resilience. In 2023 alone, the hotel generated a substantial NOI of $469,000. This well-established hotel offers a rare blend of established performance and significant growth potential in a desirable location. The property's size and location provide ample opportunity for future expansion or operational enhancements. This turnkey operation is ideal for investors seeking a proven, high-performing asset in a dynamic market. Detailed financial statements are available upon request. This is a chance to acquire a profitable hospitality asset with a strong track record and significant upside potential.
Property profile
VerifiedCap rate & NOI
Current use
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Hotel & Motel
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C2-GENERAL BUSINESS · Stone Mountain, GAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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