EVEN HOTELS ATLANTA – COBB GALLERIA
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GEORGIA

133 Keys | 6 Stories

2021 Year Built

3380 Overton Park Dr, Atlanta, GA 30339

EVEN HOTELS ATLANTA – COBB GALLERIA

GEORGIA

133 Keys | 6 Stories | 2021 Year Built

3380 Overton Park Dr, Atlanta, GA 30339

INVESTMENT HIGHLIGHTS

HUNTER HOTEL ADVISORS has been retained as the exclusive advisor to solicit offers on the 133-room, EVEN Hotels Atlanta – Cobb Galleria. Located at 3380 Overton Park Dr in Atlanta, GA, the Hotel was newly built in 2021 and benefits from its prime location adjacent to Cobb Galleria Centre, Cobb Energy Performing Arts Centre, The Battery Atlanta, Truist Park, and numerous Fortune 500 corporate offices.  With no new supply under construction within a five-mile radius and a minimal change-of-ownership PIP, investors can ramp topline revenue without disruption.

 

This offering presents an investor with the unique opportunity to acquire a cash-flowing, recently built wellness-focused hotel with an irreplaceable location, at an attractive basis, with significant operational upside.

 

  • IRREPLACEABLE LOCATION WITHIN A 7-NIGHT PER WEEK SUBMARKET: The Hotel is strategically located in one of Atlanta’s most prominent office and entertainment hubs, benefiting from strong corporate and leisure demand, generating hotel room demand 7-days per week.  
    • Corporate demand is driven by  the many major corporate HQ’s within a 3 mile radius, including but not limited to: The Weather Channel, Papa Johns, RaceTrac, ThyssenKrupp, Truist Securities, GE Energy (2.7 miles), and Home Depot World HQ (2.9 miles).
    • Leisure demand drivers include: The Cobb Energy Performing Arts Centre, Cobb Galleria Centre, The Battery Atlanta, home to Truist Park and the Coca-Cola Roxy.  
  • RECENTLY BUILT, WELLNESS-FOCUSED INSTITUTIONAL ASSET WITH MINIMAL PIP REQUIREMENTS UPON SALE: Built in 2021, the property offers investors a modern, well-built asset with minimal capital expenditure requirements upon sale. 
  • INSTITUTIONALLY MANAGED ASSET WITH SIGNIFICANT OPERATIONAL UPSIDE: Despite being the newest product in its comp set, the hotel is achieving only an 86.5% RPI and 4 of 5 ranking within its STR comp set.   Further, the 19.0% NOI margin, shows significant operational upside is available upon a change in management.   
  • CASH FLOWING HOTEL WITH MUTED NEW SUPPLY PIPELINE: Per CoStar as of March 2025, no new hotels are under construction within a five-mile radius, allowing the Hotel to capitalize on the market’s continued demand growth.  
  • SIGNIFICANT DISCOUNT TO REPLACEMENT COST: The Hotel is being offered for sale at a fraction of today’s replacement costs, offering an investor the opportunity to acquire the property with strong in-place revenues while benefitting from upside potential
  • Fee-simple, non-union, management unencumbered offering.

LISTING CONTACTS

FINANCING CONTACT

PHOTO GALLERY

 

ABOUT HUNTER

Hunter Hotel Advisors is the leading investment advisory firm focused exclusively on the hotel industry. Their seasoned team of investment professionals and offices nationwide consistently provide clients with optimal results in hotel brokerage, financial advisory and capital markets services of any size or complexity. With over 45 years of experience in both full and select-service single assets as well as portfolio marketing, the firm’s capacity in valuation, economic analysis, and industry relationships has allowed HUNTER to consistently maximize value regardless of market conditions.

Hunter Hotel Advisors is the founder and producer of the well-known and respected Hunter Hotel Investment Conference. Since their first conference in 1989, they have had a consistent focus on producing an educational and networking format based on real estate and finance for hotel owners.