316 South Main St, Statesboro GA, 30458

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

November 21, 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 11/21/2024. 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.

Data last updated 10:47 PM UTC, 11/21/2024