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    Property profile & analytics
    OFF-MARKET Estimated value $3,560,000
    Motels

    3 Gtwy S Blvd, Savannah, GA 31419-7551

    3.63 ac lot
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US22-1386803
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a fully renovated, 129-key hotel in Savannah, GA. The property boasts a prime location at the intersection of I-95 and Abercorn Street, offering unparalleled visibility and accessibility. Built in 1980 and extensively renovated in 2023, the two-story, exterior corridor hotel features 98 queen/queen rooms, 3 queen rooms, and 29 king rooms, spread across a 3.63-acre lot. The $2.7M+ renovation transformed the hotel into the OneWay Hotel Savannah, maximizing its appeal to travelers. Furthermore, the sale includes a NNN-leased Perkins Restaurant generating $6,000 in monthly income. The hotel's strategic location provides easy access to downtown Savannah (15.3 miles), Savannah/Hilton Head International Airport (11.9 miles), Savannah State University (16.7 miles), and Hunter Army Airfield (14.1 miles). With over 93,000 vehicles traversing I-95 daily, the hotel enjoys exceptional exposure. The property's strong pro-forma NOI of $891,194 makes it a compelling investment prospect in a thriving Georgia MSA. This is a rare chance to acquire a high-performing, recently renovated hotel with significant upside potential.

    Property profile
    Verified
    Property type Motels
    Use group MOTEL
    Lot 3.63 ac (158,123 SF)
    Zoning code PBC
    APN 1-1029 -02-012A
    UPID US22-1386803
    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
    • Gateway Texaco Gas Station
    • ATM Atm
    • Minimal Savannah Hotel, LLC Hotel & Motel
    • Oneway Savannah Hotel & Motel
    • Enco Hotel & Motel
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $3.89M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $3.56M
    Owner & transaction history
    Minimal Savannah Hotel LLC · 5 yrs held
    Minimal Savannah Hotel LLC
    since 2021
    Last sale
    $3.2M
    3 recorded transactions
    2021
    $3.2M
    2009
    2008
    $2.4M
    Zoning & alternative use
    PBC · Savannah, GA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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