Statesboro, GA 30458,316 South Main St
Statesboro, GA 30458,316 South Main St
Statesboro, GA 30458,316 South Main St
Statesboro, GA 30458,316 South Main St
Statesboro, GA 30458,316 South Main St
Statesboro, GA 30458,316 South Main St
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Listed by Piyusha Zope • Virtual Properties Realty.com
$ 4,000,000
Est. payment | /mo

1.33 Acres Lot


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$ 4,000,000
Est. payment | /mo
Save

1.33 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 10384523

Construction Status Resale

Year Built 1991

Annual Tax Amount $30,000

Tax Year 2023

Lot Size 1.330 Acres

Property Description

The Red Roof Inn, ideally situated just 3 miles from Statesboro University, has been recently renovated. It boasts a brand-new roof with a 15-year warranty and 15 rooms upgraded to standing showers. Out of 65 available rooms, 10 are suites, and 2 are designated for housekeeping. The property generates $870k in gross annual revenue, with an Average Daily Rate (ADR) of $65 and an occupancy rate between 60% to 65%. Interested parties should contact the listing agent The price is negotiable, and private loans have been pre-approved. Viewings are by appointment only and the business is currently staffed by employees.

Location

State GA

County Bulloch

Zoning HOC

Interior

Heating Forced Air

Cooling Other

Flooring Carpet, Other, Vinyl

Exterior

Garage Parking Lot

Garage Spaces 100.0

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available

Roof Type Metal

Building

Sewer Public Sewer

Construction Status Resale

Others

Acceptable Financing Other

Listing Terms Other

Georgia MLS (GAMLS)
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+1(706) 627-3111

kasey@kaseysingleton.com

4115 Columbia Road STE 5 # 259, Martinez, Georgia, 30907, United States

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316 South Main St