241 Falcon Drive

• Two Story, Exterior Corridor
• Located near Hartsfield Jackson International Airport
• 170 Total Guestrooms
• Unencumbered of management and debt
• Can be purchased as portfolio or purchased individually
• Fee Simple

Property Description

Avison Young Hospitality Group, as exclusive agent for the Seller, is pleased to present for your consideration the Economy Hotel Forest Park totaling 170 rooms. The property is being sold fully unencumbered of management and debt and presents investors with the opportunity to acquire an economy hotels with existing in-place cash flow. The property is located in the Greater Atlanta MSA and near Hartsfield– Jackson International Airport. UNENCUMBERED OF DEBT & MANAGEMENT The property is being offered fully unencumbered of existing management or debt, allowing for a new owner to come in with fresh capital and an opportunity to retool the property-level operations. DISCOUNT TO REPLACEMENT COST Over the last several years as the economy has continued to grow, both labor and materials have reached all-time peaks leading to soaring construction costs for new build projects. Conversely, this property is being offered at a substantial discount compared to the price to replicate the same assets today, offering a new investor immediate value from day one.