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CommercialFor Sale
$4,000,000
316 South Main St
Statesboro, GA 30458
Listed by: Virtual Properties Realty.com, (770) 495-5050
MLS: Georgia MLS (GAMLS)
Est. Mortgage
$20,747/mo
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.
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