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4265 Shirley Dr, Atlanta, GA 241 Falcon Dr, Forest Park, GA
Economy Hotel Portfolio - Atlanta MSA
Asset ClassHotel & Hospitality
# Keys290
Deal Size: $8.7 MAccess Data Room
overview of deal

Overview

Economy Hotel Portfolio | Atlanta MSA (2 Properties | 290 Keys) Asking Price: $8,700,000

 

Avison Young Hospitality Group, as exclusive advisor, is pleased to present the opportunity to acquire a two-property economy hotel portfolio totaling 290 guestrooms strategically located within the Greater Atlanta Metropolitan Statistical Area. The portfolio consists of two independently branded, exterior-corridor economy hotels positioned along major transportation corridors with immediate access to Interstate 20 and Hartsfield-Jackson Atlanta International Airport.

 

Both assets are offered unencumbered of management and debt, providing incoming ownership full operational flexibility from day one. The portfolio benefits from strong in-place cash flow, exceptionally high occupancy, and durable demand drivers, including airport-related travel, workforce housing, extended-stay guests, and price-sensitive transient demand.

 

The Forest Park asset, a 170-room property, demonstrates the portfolio’s income durability with 92.6% occupancy and $508K of NOI in 2024, highlighting the strength of affordable lodging demand in the submarket. The Atlanta asset, a 120-room hotel located directly off I-20, complements the portfolio with similar operating characteristics and upside through revenue management, expense optimization, and potential brand or operational repositioning.

 

Offered at a sub-$9 million portfolio basis, this investment presents a rare opportunity to acquire scale, yield, and optionality in one of the Southeast’s most liquid and diversified lodging markets. The properties may be acquired together or individually, allowing flexibility for a broad range of investors.

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Investment Highlights

  • Immediate In-Place Cash Flow Proven operating performance with consistently high occupancy, led by the Forest Park asset generating $508,307 of NOI in 2024 at 92.6% occupancy.
  • Unencumbered Assets = Maximum Flexibility Both hotels are offered free and clear of management and debt, enabling new ownership to implement fresh operational strategies, branding, or capital programs without restrictions.
  • Economy Segment Resilience Affordable lodging continues to benefit from a broad and durable demand base including workforce, extended-stay, airport-related, and drive-to transient guests—historically outperforming in uncertain economic cycles.
  • Attractive Basis & Discount to Replacement Cost Offered well below today’s replacement cost in an inflationary construction environment, providing an immediate cost advantage and downside protection.
  • Operational & Revenue Upside Opportunity to optimize ADR, refine channel mix, improve expense controls, and evaluate light capex or branding strategies to drive incremental NOI growth.
  • Strategic Atlanta MSA Locations Proximity to I-20, major employment corridors, and Hartsfield-Jackson International Airport supports sustained occupancy and long-term demand depth.
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4265 Shirley DrAtlanta, GA 30336

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