Premier Location in Downtown Atlanta 

The Hyatt Place Atlanta / Centennial Park is located in the densely developed heart of Downtown Atlanta, walking distance away from the iconic Centennial Olympic Park, the Georgia Aquarium, and the World of Coca-Cola. In addition, the Mercedes-Benz Stadium and State Farm Arena, home to the NFL’s Atlanta Falcons, MLS’ Atlanta United, and NBA’s Atlanta Hawks, host a variety of events and sporting events throughout the year, are within one mile from the Hotel. Corporate demand is driven by the nearby 4th largest convention center in the US, the Georgia World Congress Center, as well as several major corporations, such as Coca-Cola and NCR, located in the area. The Hotel is also conveniently located just a mile away from both Georgia Institute of Technology and Georgia State University, home to over 18,400 and 36,900 students, respectively. Furthermore, the Hotel is only a 10-mile distance from Hartsfield- Jackson Atlanta International Airport seeing more than 104.7 million passengers in 2023. Atlanta is known for its diverse culinary scene, rich history, and cultural attractions, including the Martin Luther King Jr. National Historic Site (1.5 miles away) and the High Museum of Art (2.5 miles away). 


Cash Flowing Hotel with Available Upside Post PIP

The Hyatt Place Atlanta / Centennial Park is a high performing asset in the Atlanta market achieving a RevPAR of $144.26 in the Trailing Twelve Months (“TTM”) ending in May 2024. As a result, the Hotel achieved total revenues of $9,155,213 and generated strong in-place cash flows of $3,693,755. Additionally, there is a substantial potential for improvement post a 

change-of-ownership PIP as well as implementation of a more efficient management strategy. Under new management, the new owner will have the opportunity to improve on efficiencies and lower costs compared to those of a larger, institutional management company. The enhanced product offering and refined management approach, and continued market growth expectations will likely result in RevPAR and NOI levels well exceeding in-place metrics.


Institutional Hyatt Branded Asset       

Hyatt Place Hotels, part of the Hyatt portfolio, is a dynamic upscale hotel brand located in 338 cities around the world in major urban centers, gateway cities and resort destinations. As the one of the fastest growing brands, the chain has a global pipeline of 127,000 rooms which represents nearly 40% of existing rooms in the Hyatt portfolio. Premium branded assets have distinct competitive advantages compared to the rest of the market due to their large rewards and reservation systems as well as name recognition. All Hyatt properties are backed by the World of Hyatt Loyalty Program which boasts over 16 million members across 28 brands and more than 1,250 destinations worldwide. 

300 Luckie St, Atlanta, GA 30313