Metro Atlanta Extended Stay Motel with 97 rooms, $77,000 per key asking price. (15 minutes from downtown & 20 minutes from the airport). This is a non-franchised motel but if the purchaser is interested in having a franchise, the property has been approved by 2 major brands and they will also provide key money for renovations. The property already operates high 90% occupancy levels so a franchise is not required unless you prefer it.

You may also be able to convert into multi family studio apartments. Property is strictly operated with employees for day-to-day operations. It is difficult to find extended stay motels & hotels/motels in the metro Atlanta area in general, especially with a large amount of rooms which are generating cash flow and running high occupancy. You will need to provide proof of liquidity and complete a NDA. The seller is not interested in owner financing.