Published on: Monday, November 18, 2024
Updated on: Thursday, March 27, 2025
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About the Lister
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Name: Ely Silverstein
Company: Cushman Wakefield
Office Phone: +1 (561) 2272676
Cell Phone: +1 (304) 8816397
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  Exceptional Red Roof Inn
3030 Washington Rd, Augusta, GA 30907 Augusta Georgia , 30907
3030 Washington Rd, Augusta, GA 30907 Augusta Georgia , 30907  Cushman Wakefield
Listing ID: CL-Georgia-12831

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: Contact Lister
Commission Split (%): 0
Quick Glance
Listing ID: CL-Georgia-12831
Status: Sold
Financing: Third Party Financing
Occupancy: N/A
Year Build: 1986
Building Size: 25,962.00 SqFt
Lot Size: 4.95 Acre
No of Stories: 2
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
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
Complete Details
Year Build: 1986
Building Size: 25,962 SqFt.
No of Stories: 2
Total Lot Area: 4.95 Acre
No of Parking: N/A
No of Total Units: 144
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: B
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
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.

Additional Properties
Property Other Use
  • Potential To Convert The Property To Multifamily
Property 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
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
Listing Location
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