HREC Investment Advisors has been retained as the exclusive advisor to the Owner and is pleased to offer for sale the 250-room DoubleTree by Hilton Atlanta Perimeter Dunwoody (the “Hotel” or “Property”), located in the Central Perimeter market, which is one of Atlanta’s most dynamic submarkets.

The DoubleTree Perimeter is located in the heart of the Central Perimeter market, which is Atlanta's largest Class “A” office submarket with over 29 million Sq. Ft.  Within the “mecca” of Atlanta’s corporate space, the Hotel is close to “Headquarters Row” – State Farm, Mercedes Benz, UPS, and Cox Communications. The DoubleTree is located directly off of I-285, near the major interchange of GA 400 and I-285, and located proximate to Pill Hill, the largest concentration of major hospitals (Northside, Emory St. Joe’s, and Children’s Healthcare) in the Southeast. Finally, and quite importantly, the Property (at only 2.8 miles away) is the closest Marriott or Hilton-flagged hotel to Assembly Atlanta, which when completed will house 20 soundstages for film and television production (Georgia is currently No. 3 behind only California and New York in terms of the number of films and television shows produced in-state).  Upon full completion Assembly Atlanta will be one of the largest production facilities in Georgia (please see here and here for further information).

Upon completion of a refresh property improvement plan (“PIP), the next owner will be able to ramp up the Property’s performance concurrently with the submarket’s ongoing return of corporate/business demand. Post-PIP, the Hotel will be in a position to adequately penetrate the competitive set in ADR, presenting a classic value-add opportunity. The offering presents investors with an unparalleled opportunity to acquire an upscale, Hilton-branded hotel in a robust and expanding Atlanta submarket, fee-simple and unencumbered by management.

Terms of Sale

Interest: Fee-simple.

Price: Please contact Monty Levy for pricing guidance.

Management: Offered free and clear of a management contract.

Franchise: DoubleTree by Hilton.