316 South Main St Active Save Request In-Person Tour Request Virtual Tour
Statesboro,GA 30458
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID 7461737
Construction Status Resale
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1991
Annual Tax Amount $30,000
Tax Year 2023
Lot Size 1.330 Acres
Acres 1.33
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
Lake Name None
Rooms
Other Rooms None
Basement None
Interior
Interior Features High Ceilings 10 or Greater,Living Space Available,Other
Heating Forced Air
Cooling Ceiling Fan(s),Other
Flooring Carpet,Vinyl,Other
Window Features Display Window(s)
Exterior
Garage Parking Lot
Fence None
Utilities Available Cable Available,Electricity Available,Natural Gas Available,Sewer Available,Water Available
Waterfront Description None
View Other
Roof Type Metal
Street Surface Asphalt
Accessibility Accessible Doors,Accessible Electrical and Environmental Controls,Accessible Entrance,Accessible Full Bath,Grip-Accessible Features,Accessible Hallway(s),Accessible Kitchen,Accessible Kitchen Appliances,Accessible Washer/Dryer
Handicap Access Accessible Doors,Accessible Electrical and Environmental Controls,Accessible Entrance,Accessible Full Bath,Grip-Accessible Features,Accessible Hallway(s),Accessible Kitchen,Accessible Kitchen Appliances,Accessible Washer/Dryer
Parking Type Parking Lot
Total Parking Spaces 100
Private Pool false
Building
Lot Description Business Park
Story Two
Foundation Block
Level or Stories Two
Structure Type Aluminum Siding
New Construction No
Construction Status Resale
Others
Senior Community no
Acceptable Financing Other
Listing Terms Other
Special Listing Condition None