Main Content

    stdClass Object
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            [last] => Expired
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    [description] => The Red Roof Inn, conveniently located just 3 miles away from the esteemed Statesboro University, has undergone an impressive transformation with recent renovations that enhance both its aesthetic appeal and functionality. Guests will appreciate the brand-new roof, which comes with a robust 15-year warranty, ensuring peace of mind for years to come. Among its 65 well-appointed rooms, 10 luxurious suites provide an elevated experience, while 2 rooms have been specially designated for housekeeping purposes. This property generates a remarkable $870,000 in gross annual revenue, showcasing its strong performance in the hospitality sector. With a competitive Average Daily Rate (ADR) of $65, the inn enjoys a stable occupancy rate ranging from 60% to 65%, making it an attractive investment opportunity. Interested investors and potential buyers are encouraged to reach out to the listing agent for further details. The asking price is flexible, and arrangements for private loans have already been pre-approved, easing the path to ownership. Viewings of this vibrant business are offered by appointment only, and it is important to note that the property is currently staffed by dedicated employees who ensure it runs smoothly.
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            [city] => Statesboro
            [state] => GA
            [postal_code] => 30458
            [county] => Bulloch - GA
            [street] => stdClass Object
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                    [number] => 316
                    [name] => S Main Street
                    [full] => 316 S Main Street
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)

316 S Main Street, Statesboro, GA 30458

Price

$3,700,000

Property Video

Property Details for 316 S Main Street

S Main Street

MLS#7461737

Save Property
The Red Roof Inn, conveniently located just 3 miles away from the esteemed Statesboro University, has undergone an impressive transformation with recent renovations that enhance both its aesthetic appeal and functionality. Guests will appreciate the brand-new roof, which comes with a robust 15-year warranty, ensuring peace of mind for years to come. Among its 65 well-appointed rooms, 10 luxurious suites provide an elevated experience, while 2 rooms have been specially designated for housekeeping purposes. This property generates a remarkable $870,000 in gross annual revenue, showcasing its strong performance in the hospitality sector. With a competitive Average Daily Rate (ADR) of $65, the inn enjoys a stable occupancy rate ranging from 60% to 65%, making it an attractive investment opportunity. Interested investors and potential buyers are encouraged to reach out to the listing agent for further details. The asking price is flexible, and arrangements for private loans have already been pre-approved, easing the path to ownership. Viewings of this vibrant business are offered by appointment only, and it is important to note that the property is currently staffed by dedicated employees who ensure it runs smoothly.

Listing Agents

Exterior Details

ConstructionAluminum Siding
Built In1991
StoriesTwo
ParkingParking Lot
UtilitiesCable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Lot DescriptionBusiness Park
Lot Dimensions220X293X231X227
Acres1.33

Location

Zip Code 30458
City Statesboro
County Bulloch - GA

First Multiple Listing Service

Listing Provided Courtesy Of: Virtual Properties Realty.com 770-495-5050

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This property information delivered from various sources that may include, but not be limited to, county records and the multiple listing service. Although the information is believed to be reliable, it is not warranted and you should not rely upon it without independent verification. Property information is subject to errors, omissions, changes, including price, or withdrawal without notice.

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Data Last updated on April 29, 2025 9:58pm

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