For Sale
  • Hotel

    • Hampton Inn Lake Park

    4906 Timber Dr, Lake Park, Georgia 31636 United States
    For Sale
  • Hotel

    • Hampton Inn Lake Park

    4906 Timber Dr, Lake Park, Georgia 31636 United States
    Building Size
    40,770 SF
    Lot Size
    1.42 Acres
    Built
    1999
    Building Size
    40,770 SF
    Lot Size
    1.42 Acres
    Built
    1999

    OVERVIEW

    Cushman & Wakefield’s Hotel Group has been retained to offer for sale the fee simple interest in the 72-room Hampton Inn by Hilton located in Lake Park, Georgia’s Southern Gateway City. The property is a recently renovated, three-story, limited-service hotel that is conveniently located directly off of Interstate-75, providing ease of access in addition to displaying excellent signage to commuters. The property also presents the opportunity to take control of an exceptional brand and increase operations to competitive set standards through focused, hands-on management and marketing. The Hampton Inn Valdosta / Lake Park Area offers investors the opportunity to acquire a fully-renovated property in a highly desirable and growing market.

    CONTACT

    Key Features
    • Interior-Corridor
    • Owner Signed A 10-Year License With Hilton In 2019 And A New Buyer Is Expected To Receive A New 10-Year License After Acquisition
    • Property Recently Underwent Full ~$2,400,000 Interior And Exterior Renovations - Minimal Property Improvement Plan (PIP) Costs Expected For A New Owner
    • Hampton Inn By Hilton Is A Highly Desirable Flag By Both Investors And Consumers Alike
    • Opportunity To Increase RevPAR To Competitive Set Standards And Exceed Performance Of Competition Through Strong Hands-On Management And Increased Marketing
    • According To The January 2024 STR Report, The RevPAR Increased By 10.7% Year-Over-Year While The Competitive Set’s RevPAR Declined By 2.6%, Showing Strong Growth At This Hampton Inn
    • Located Directly Off Of Interstate-75, Providing Ease Of Access And Displaying Excellent Signage To Commuters
    • The Section Of Interstate-75 Closest To The Property Has An Average Annual Daily Traffic (AADT) Count Of Approximately 45,000 Vehicles Per Day

    Details

    Building Size:
    40,770 SF
    Sale Price:
    $8,500,000 USD
    Lot Size:
    1.42 Acres
    Year Built:
    1999

    CONTACT

    Hampton Inn Lake Park

    AVAILABILITIES

    SORT: AVAILABLE SPACE

    LOCATION

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