This listing is under contract.

Studio 6 - Skytop, Rome - GA - EXTENDED STAY

20 Chateau Dr SE Rome, GA 30161

20 Chateau Dr SE, Rome, GA, 30161
20 Chateau Dr SE, Rome, GA, 30161
UNDER CONTRACT FOR SALE
Property Type:
Other Hospitality
Amount:
$2,950,000
Last Verified:
Oct 05, 2020

Highlights

  • Central location
  • Newly renovated
  • Great opportunity for owner-operator

 

Description

Newly renovated extended stay hotel in Rome, GA. Right off Exit on I-411, 60 miles NW of downtown Atlanta. Exterior corridor, 80 rooms with manager apartment. Hotel went through extensive renovation in 2018/2019, new flooring, bedding package, furniture package, kitchenettes, new locks, new stoves, countertops, tv's, ceiling and parking lot. Minimal PIP for new buyer. Operated by employee, great opportunity for owner-operator. Bank Financing Available.

Renovated extended stay in Rome, GA. Right off Exit on I-411, 60 miles NW of downtown Atlanta. Exterior corridor, 80 rooms with manager apartment. Hotel went through extensive renovation in 2018/2019, new flooring, bedding package, furniture package, kitchenettes, new locks, new stoves, countertops, tv's, ceiling and parking lot. Minimal PIP for new buyer. Operated by employee, great opportunity for owner-operator. Bank Financing Available.

 

Year Built: 1983
Building Size: 26900.0sq ft
Lot Size: 0.0 acres

Map of 20 Chateau Dr SE, Rome, GA, 30161

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.