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.