Profitable hotel for sale in Milledgeville, GA
62 room Select Market hotel with $350K-$450K annual revenue
Deal Summary
$1,400,000
Category:
Home
Currently under contract. Deal price negotiable $1.4M.
Hotel currently runs 30-40% occupancy rate at $49/night.
After cosmetic renovations expected to run 60-70% occupancy rate at $65/night.
Property can easily be converted to Marriott or major branded hotel for increased visibility. The current competitive set of hotels operate at $80/night.
Deal can include consulting services from hotel Revenue Management expert with 10+ years experience in Marriott pricing strategy, room optimizing, hotel marketing, and customer retention.
Gallery
No items found.
Get More Information
Use this form to start your due diligence.
Find Your Next Deal
Discover The Best Deals
Directly From Asset Owners and Deal Producers
Be the first to know about new deals. Have them delivered once a week directly to your inbox. Request to join our invite only, private deal email list using the form below.
