• 1513 Lafayette Pkwy, Lagrange, GA 30241

For Sale

Office
Special Purpose

For Sale

This property is available for sale
6.15
Acres
$16,911
Sale Price
  • Year Built
    1982 (Renovated 1995)
  • Overview

    The Motel 6/Studio 6 is conveniently located just off I-85, Exit 18 near all demand generators and is being offered unencumbered by debt and management.


    The hotel provides the opportunity to acquire a completely renovated property that recently opened in January 2019. The hotel was previously two independent properties that were shut down in order to complete the conversion to a Motel 6/Studio 6. The sellers have invested over $1,500,000 into the assets to bring up to complete brand standards.


    Currently absentee owned, this provides opportunity for a new owner to maximize efficiencies with hands-on ownership, capturing market share, and capitalize on shared amenities. 

    Motel 6 Room Count: 110
    Studio 6 Room Count: 82
    Built 1982 | Renovated 1995
    2 Stories
    Situated on 6.15 Acres

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Property Details

Motel 6/Studio 6 Offered Unencumberedby Debt and Management

The Motel 6/Studio 6 is conveniently located just off I-85, Exit 18 near all demand generators and is being offered unencumbered by debt and management.


The hotel provides the opportunity to acquire a completely renovated property that recently opened in January 2019. The hotel was previously two independent properties that were shut down in order to complete the conversion to a Motel 6/Studio 6. The sellers have invested over $1,500,000 into the assets to bring up to complete brand standards.


Currently absentee owned, this provides opportunity for a new owner to maximize efficiencies with hands-on ownership, capturing market share, and capitalize on shared amenities. 

Motel 6 Room Count: 110
Studio 6 Room Count: 82
Built 1982 | Renovated 1995
2 Stories
Situated on 6.15 Acres

  • Property Type
    Office, Special Purpose
  • Year Built
    1982Renovated 1995
  • Sale Price
    $16,911
  • Total Acres
    6.15
  • Cap Rate
    7.0%
  • Number of Floors
    2
  • Last updated
    May 20, 2020
  • Property ID
    1946619

Landlord's Sales Representatives

  • Helen Zaver
    Colliers | Atlanta
     
  • Dylan Patel
    Colliers | Atlanta