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Property profile & analytics
OFF-MARKET Estimated value $3,905,000
Motels

196 Virginia S Ave Tifton, GA 31794-8073

31,083 SF 1.82 ac lot Built 2000
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US22-3259436
Property summary
AI-generated overview

This 82-key Microtel Inn & Suites by Wyndham in Tifton, Georgia, presents a compelling investment opportunity. Priced at $4,850,000, this three-story, interior-corridor hotel boasts a prime location just off Interstate I-75, offering convenient access for travelers. Situated on a 1.82-acre lot, the property is approximately two miles from downtown Tifton and within close proximity to several key attractions. These include the Georgia Museum of Agriculture and Historic Village, the Tift Theatre, and the Tifton Museum of Arts and Heritage, all within a two-mile radius. Furthermore, the hotel benefits from its proximity to Tift Regional Medical Center (four miles), Abraham Baldwin Agricultural College (three miles), and Tifton Municipal Airport (four miles), catering to a diverse range of clientele. Tifton's status as an agricultural hub ensures consistent business travel, further enhancing the property's revenue potential. Built in 2000, the hotel has undergone significant capital improvements and is offered with bank financing available. The seller has invested substantially in renovations, ensuring the property is well-maintained and ready for continued success. This represents a strong investment in a thriving location with excellent access to major transportation routes and local amenities. The property's strategic location and recent improvements make it an attractive option for investors seeking a profitable hospitality venture in a dynamic market.

Property profile
Verified
Property type Motels
Use group MOTEL
Year built 2000
Total area 31,083 SF
Lot 1.82 ac (79,279 SF)
APN T018-046
UPID US22-3259436
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Staples (Bike/Boat/Book/etc) Store
  • Staples Print & Marketing Services (Bike/Boat/Book/etc) Store Printing Service
  • UPS Alliance Shipping Partner Courier Service Postal Service
  • Innovative Tax Solutions Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.22M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.91M
Owner & transaction history
Calcutta Hospitality LLC · 2 yrs held
Calcutta Hospitality LLC
since 2023
Last sale
$3.9M
6 recorded transactions
2023
$3.9M
2023
Price N/A
2019
Price N/A
2016
$3.1M
2005
$2.6M
2005
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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