Property summary
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
VerifiedCap rate & NOI
Current use
-
Association Or Organization
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C2-GENERAL BUSINESS · Stone Mountain, GAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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