196-Room Hotel | ± 25,000 SF Event Facility | ± 4.0 Acres
2942 Ember Dr
Decatur, GA 30034
| PRICE : | $6,500,000 |
|---|---|
| PROPERTY TYPE: | Hospitality |
| SITE SIZE: | 4.00 Acres |
| BUILDING SIZE: | 87,956 SF |
| YEAR BUILT: | 1975 |
Highlights
- • Value-add opportunity in a rapidly appreciating part of Atlanta
- • 4-story hotel with 196 rooms
- • ± 25,000 SF 2-story event facility building with covered front entry, office suites for lease and a rear loading area
- • Large 4-acre parcel inside I-285
- • 2 large lit pylon signs
- • Spacious parking area allowing for addition of exterior amenities
- • Excellent visibility and exposure to I-20 at the Candler Road exit
- • Potential redevelopment or multifamily conversion opportunity
Description
Value-add opportunity to purchase the Economy Hotel Candler in Decatur, Georgia. This fee simple hotel inside I-285 provides a comfortable stay at an economical rate. The 4-story building consists of 196 corridor facing rooms on approximately 4 acres of land. In addition, there is a ± 25,000 SF event facility building, The Candler, included in the sale which is a major revenue generator hosting weddings, church events, parties and rental office space. Economy Hotel Candler has excellent visibility and exposure to I-20 at the Candler Road exit (Exit 63). About 2 miles inside of Interstate 285, this hotel is in close proximity to Hartfield-Jackson Atlanta International Airport with quick easy access to Downtown Atlanta.
