Commercial Property for Sale in Augusta Georgia 30907

3030 Washington Rd, Augusta, GA 30907, Augusta Georgia, 30907

Listing ID: CL-Georgia-12831 Commercial Inn Lodging and Hospitality
Published on: Monday, November 18, 2024 | Updated on: Thursday, March 27, 2025

Listing Summary

Cushman & Wakefield’s Hotel Group has been retained to offer for sale the fee simple interest in the 144-room Red Roof Inn / HomeTowne Studios located in Augusta, Georgia

Full Description

Cushman & Wakefield’s Hotel Group has been retained to offer for sale the fee simple interest in the 144-room Red Roof Inn / HomeTowne Studios located in Augusta, Georgia - home of the Augusta National Golf Club where the prestigious and iconic Masters Golf Tournament takes place. The property is a dual brand, two-story, limited-service hotel that is conveniently located along Washington Road and directly off of Interstate-20. The property presents the opportunity to take control of two reputable brands and increase operations to competitive set standards through focused, hands-on management and marketing. The Red Roof Inn / HomeTowne Studios Augusta offers investors the opportunity to acquire a value-add property in a growing market within close proximity to one of the most prestigious golf courses in the world.

Quick Glance

  • Listing ID: CL-Georgia-12831
  • Status: Active
  • Year Build: 1986
  • Building Size: 25,962 SqFt
  • Lot Size: 5 Acr

Property Documents

No documents available.

Complete Details

  • Year Build: 1986
  • Building Size: 25,962 SqFt
  • No of Stories: 2
  • Total Lot Area: 4.95 Acre
  • No of Total Units: 144
  • Heating and Cooling: Not Specified
  • Building Class: Class B

Pricing Details

Additional Features

Features
  • Red Roof Inn: 96 Rooms + 6 rooms Allocated for Employee Housing HomeTowne Studios: 42 Rooms
  • All 42 Rooms In The HomeTowne Studios Contain Kitchenettes That Are Equipped With Refrigerators, Microwaves, Stove Tops, And Dining Areas
Highlights
  • Opportunity To Increase RevPAR To Competitive Set Standards And Exceed Performance Of Competition Through Strong Hands-On Management And Increased Marketing
  • Located Directly Off Of Interstate-20 And Along Washington Road, Providing Ease Of Access And Displaying Excellent Signage To Commuters
  • The Section Of Interstate-20 & Washington Road Closest To The Property Has An Average Annual Daily Traffic (AADT) Count Of Approximately 64,000 Vehicles Per Day
Other Uses
  • Potential To Convert The Property To Multifamily

Listing Location

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