230 South Main

Statesboro , GA 30458

MLS#: 20140396

$4,300,000

Status: Closed
Listing number: 20140396
Listing provided by: None
Listing agent phone: None
Last update: 2 years ago
On site: 2 years ago
Browse Properties
Quality Inn - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1965

Sq.Footage

N/A

Established business in Statesboro

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Electric

  • Heating YN

    YES

  • Heating

    Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Concrete

  • Parking

    Paved

  • Pool

    No

Area & Lot

  • Lot Features

    City Lot

  • Lot Size(acres)

    3.61

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $4,300,000

  • Tax Amount

    20689.65

  • Zoning

    HOC

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

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Location

County

Bulloch

Elementary School

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High School

Listing Courtesy of None

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Established business in Statesboro

230 South Main

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Related Properties

The Red Roof Inn, conveniently located just 3 miles away from the esteemed Statesboro University, has undergone an impressive transformation with recent renovations that enhance both its aesthetic appeal and functionality. Guests will appreciate the brand-new roof, which comes with a robust 15-year warranty, ensuring peace of mind for years to come. Among its 65 well-appointed rooms, 10 luxurious suites provide an elevated experience, while 2 rooms have been specially designated for housekeeping purposes. This property generates a remarkable $870,000 in gross annual revenue, showcasing its strong performance in the hospitality sector. With a competitive Average Daily Rate (ADR) of $65, the inn enjoys a stable occupancy rate ranging from 60% to 65%, making it an attractive investment opportunity. Interested investors and potential buyers are encouraged to reach out to the listing agent for further details. The asking price is flexible, and arrangements for private loans have already been pre-approved, easing the path to ownership. Viewings of this vibrant business are offered by appointment only, and it is important to note that the property is currently staffed by dedicated employees who ensure it runs smoothly.
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