DEAL OVERVIEW
Hunter Hotel Advisors is pleased to offer, on an exclusive basis, the opportunity to acquire four HomeTowne Studios hotels, individually or as a portfolio, located in the Atlanta MSA. The hotels are located within close proximity to Interstate 85 and Interstate 285, providing easy access to Atlanta’s major transportation thoroughfares and submarkets. The numerous healthcare, corporate, and leisure demand generators nearby provide for a diverse and stable stream of business to the extended stay segment. The four hotels are institutionally owned and managed, providing substantial upside potential for regional ownership groups with stronger operating economies. The extended stay segment has proven to be an attractive sector due to its efficient operating model, strong yield and diverse customer base that occupy these hotels for above average length of stays.
Property | Address | Keys |
HomeTowne Studios Atlanta NE Norcross South | 6295 Jimmy Carter Blvd, Norcross, GA 30071 | 194 |
HomeTowne Studios Atlanta NE Downtown Norcross | 200 Lawrenceville St, Norcross, GA 30071 | 130 |
HomeTowne Studios Atlanta Lawrenceville | 474 W Pike St, Lawrenceville, GA 30046 | 118 |
HomeTowne Studios Atlanta NE Peachtree Corners | 7049 Jimmy Carter Blvd, Norcross, GA 30092 | 138 |