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Property summary
Prime downtown Atlanta development opportunity: a fully permitted 188-key Residence Inn by Marriott hotel is available for $14,500,000. This 0.81-acre site (APN 14 007900110574) is zoned C1 and located at 355 Centennial Olympic Park Dr NW, Atlanta, GA 30313, in Fulton County. Construction plans are complete and all entitlements are in place, making this a truly turnkey project. The exceptional location within Atlanta's hotel zone offers unparalleled access to major attractions including the Georgia Aquarium, Centennial Olympic Park, Georgia Tech, Mercedes-Benz Stadium, and State Farm Arena. This development is perfectly positioned to capitalize on existing tourism and corporate events, as well as the anticipated surge in visitors for the eight 2026 World Cup games to be held at Mercedes-Benz Stadium, just one mile away. The project will deliver a high-demand hotel product to a thriving and expanding market. This is a rare opportunity to acquire a fully permitted hotel development in a premier location.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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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
Derived from the Atlanta market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C1 · Atlanta, GAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C1 in Atlanta, GA.
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