Motel Property with in Downtown Albany, GA - Business for Sale
Request Information
The contact information for this deal is locked. If you wish to unlock this information, you need to upgrade to SMB Deal Hunter Pro.
🏨
75-Room Motel with Owner's Residence in Albany, GA
Albany, GA, US
Added 9 months ago
Motel and Liquor Store Property
The business is a 75-room motel property with on-site owner's residence and manager's apartment located in downtown Albany, GA, currently operating under a Wyndham flag with plans to become independent and add a liquor store.
Key Information
Asking
$2.2M
Revenue
$326K
Earnings
$117K
Multiple
18.8x
Key Highlights
- 75 rentable rooms with potential to increase to approximately 90 rooms by reclaiming storage/owner/manager suites
- Occupancy rate: 29.1%
- Average daily rate (ADR): $50; effective ADR (including weekly stays): $40.97; RevPAR: $11.93
- Property includes a 1-bedroom manager's apartment and a 5-bedroom, 5.5-bath owner's residence (approx. 3,500 sq ft)
- Building size: 37,202 sq ft on 1.5 acres
- Approximately 25% of rooms are rented weekly, with many construction crew customers
- Seller manages front desk and lives onsite, reducing labor costs
- Seller is obtaining a liquor license and converting rooms into a 2,000 sq ft liquor store, expected to open in February
Contact Info
Unlock Premium Features
Get everything you need to find, finance, and acquire your business
Personalized Deal Flow
On and off market deals curated to your search criteria.
Unlimited 1:1 M&A Support
Expert advisors to help you spot red flags, negotiate your offer, and hand hold you all the way to close.
Pre-Vetted Deal Team
- * Intros to our preferred lenders
- * Access to our investor community
- * Discounted 3rd party Financial and Legal diligence