2980 Evans Ml Rd Lithonia, GA 30038-2415
This 60-key Microtel Inn & Suites by Wyndham presents a compelling investment opportunity in Lithonia, Georgia. Built in 2004, this three-story hotel sits on a 1.66-acre lot at 2980 Evans Mill Rd, Lithonia, GA 30058, within DeKalb County. The property boasts an impressive operational track record, demonstrating significant market outperformance. In 2023, the hotel achieved over $1.19 million in top-line room revenue, resulting in a noteworthy net operating income (NOI) margin exceeding 48%. This strong performance is further underscored by a robust 2023 effective gross revenue (EGR) retention rate. Since 2021, the hotel has consistently exceeded market averages, achieving a 135% average market penetration. The property's location and operational efficiency make it an attractive asset for investors seeking a high-performing hospitality investment in a growing market. The hotel's strong financial performance and market position offer a promising return on investment. This is a turnkey operation ready for immediate ownership.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C1 · Lithonia, GALithonia. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.