5355 Stone Mtn Hwy Stone Mountain, GA 30087-3510
Property profile & analytics
5355 Stone Mtn Hwy Stone Mountain, GA 30087-3510
- Hotels
- 32,297 SF
- 1.26 lot acres
Property ID
US22-0847067
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- History Makers Mentorship Group / Association Or Organization
Property Details for 5355 Stone Mtn Hwy
- Year built
- 1999
- Construction
- WOOD
- Lot size
- 1.26 lot acres
- Property size
- 32,297 SF
- Zone code
- C2-GENERAL BUSINESS
- Property type
- Hotels
- Property subtype
- Motels
- APN
- 6-061 -011
- APU
- 6061011
Description
This exceptional 57-key hotel, the Comfort Inn & Suites at Stone Mountain, presents a compelling investment opportunity in the thriving Stone Mountain, Georgia market. Located at 5355 Stone Mountain Hwy, 30087, this three-story property sits on a 1.26-acre lot in Gwinnett County. Built in 1999 and extensively renovated in 2022, the hotel boasts modern amenities and strong operational performance. The property's current performance demonstrates a robust net operating income (NOI), offering immediate returns for investors. However, the true potential lies in the significant upside for owner-operators. With a current RevPAR (Revenue Per Available Room) of $54.67 (as of September 2024 trailing twelve months), and only 66% RevPAR penetration, there's considerable room for revenue growth through strategic management and operational improvements. This presents a unique chance to capitalize on the existing strong foundation and unlock substantial additional profitability. The hotel's prime location in Stone Mountain provides excellent access to local attractions and a robust tourism base, further enhancing its investment appeal. This is a rare opportunity to acquire a well-maintained, high-performing hotel with significant growth potential in a desirable market.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $5,405,000
- ML approach
- $5,425,000
-
Alternative Use
- Use
- Estimation
- HOTEL/MOTEL
- $7,360,000 Current use
- RESTAURANT
- $8,745,000 Change: +19% Conversion: Difficult
- RETAIL STORES
- $8,725,000 Change: +19% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $8,510,000 Change: +16% Conversion: Difficult
- OFFICE BUILDING
- $7,880,000 Change: +7% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Stone Mountain
- County
- Gwinnett
- State
- Georgia
- Longitude
- -84.1161
- Latitude
- 33.8233
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$37,327
$105,360
$2,004,640
$2,110,000
-
$263,400
$5,011,600
$5,275,000
