Active
316 South Main St
Statesboro GA, 30458
$4,000,000
Active
Commercial
Built in 1991
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.
10384523
MLSⓇ ID
September 25, 2024
Listed
October 12, 2024
Updated
Map
316 South Main St
Statesboro GA, 30458
Interior Features
Floor Description
Carpet, Other, Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Other
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
1.33 Acres
Lot Features
Business Park
Roof
Metal
Sewer
Public Sewer
Other Property Details
Taxes
$30,000
Tax Frequency
Annually
Days on Market
14
Garage
No
Parking
Parking Lot
Parking Total
100
View
No
County
Bulloch
Water Source
Public
Pool
No
Listed with Virtual Properties Realty.com
Based on information from Georgia MLS as of 10/12/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
©2024 Georgia MLS. All rights reserved. Information deemed reliable but not guaranteed.
Data last updated 12:06 AM UTC, 10/12/2024
