Property profile

5355 Stone Mtn Hwy Stone Mountain, GA 30087

OFF-MARKET
Hotels
Property ID
US22-0847067
32,297 SF 1.26 ac lot Built 1999
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1999
Construction WOOD
Total area 32,297 SF
Lot 1.26 ac (54,886 SF)
Zoning code C2-GENERAL BUSINESS
APN 6-061 -011
UPID US22-0847067

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Association Or Organization

Location

5355 Stone Mtn Hwy Stone Mountain, GA 30087-3510
Stone Mountain metro Census 50430 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$5.43M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.41M

Owner & transaction history

since 2022
Last sale
$5.3M
5 recorded transactions
2022
$5.3M
2022
$4.3M
2019
$4.3M
2005
$3.1M
1969
Price N/A

Zoning & alternative use

C2-GENERAL BUSINESS · Stone Mountain, GA
Top alternative use upside
Restaurant $8.7M +18.9%
Retail stores $8.7M +18.6%
Neighborhood: shopping center $8.5M +15.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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