Cap Rate
10.57%
Price Per SF
$131
Price Per Unit
$87,013
Units
77
Gross SQFT
51,000
Year Built
2009
NOI
$708,271
Property Type
Hospitality
LEAD LISTING AGENT
Mitchell Glasson
Associate Vice President
Email
[email protected]
License No.
02016029 (CA)
Direct
+1 (949) 432-4502
Mobile
+1 (707) 364-5650
ADDITIONAL LISTING AGENT
DEBT FINANCING AGENT
BID DATES: JUNE 26-28
INVESTMENT HIGHLIGHTS
- Primary Market Travel Path – Waycross, GA, is the midway points (shortest driving route) between Atlanta, GA and Jacksonville, FL; as well as Tallahassee, FL, and Savannah, GA
- Dense Retail Corridor – The property is within walking distance to two restaurants and is neighboring a recently built Starbucks, a new Chick Fil A, McDonalds, Walmart Supercenter, Kroger, and Walgreens
- CSX Transportation, Inc. – Located in Waycross, GA, “CSX transportation network serves some of the largest population centers in the nation. Nearly two-thirds of Americans live within CSX’s service territory.” Waycross, GA benefits from the daily inflow of CSX employees
- Destination Point – South Georgia State, Coastal Pine Technology Instit., Waycross College, Waycross-Ware County Airport
- Strategic Deferral Investment – The subject property is positioned in one of the 5 opportunity zones in Ware County and offers capital gain tax deferral to potential buyer
Broker of Record
- Kyle Matthews
- License No. 80041 (GA)
- (866) 889-0550
- Matthews Real Estate Investment Services, Inc
- 1600 West End,
Ste. 1500 Nashville, TN 37203