745 Cobb Pl Blvd NW,
Kennesaw, GA 30144
For Sale:
Bldg 54,158 SF | Land 1.39 Ac | 2022
Property Description
Introducing Candlewood Luxury Extended Stay Suites by IHG, a newly constructed property with an exciting opportunity to be the first operator. This 5-story interior corridor hotel offers 98 luxury extended suites in a prime location in Atlanta/Kennesaw, making it a strategic investment opportunity. Each suite at Candlewood comes fully equipped with a full-sized refrigerator, dishwasher, microwave, and stove, making it the perfect home away from home for your extended stay guests. The property also boasts strong proforma projections and a Certified Green certification, giving you peace of mind that your investment is sustainable. With a total of 54,185 square feet, this luxury hotel is the perfect investment for those in the hospitality industry looking to expand their portfolio. Don't miss out on this exciting opportunity to become the first operator at Candlewood Luxury Extended Stay Suites by IHG. Located at 745 Cobb Place Boulevard Northwest, this property is in the heart of Atlanta/Kennesaw, making it a prime location for guests seeking a luxury extended stay experience. Invest in the future of travel and hospitality today.
Investment Highlights
- Fee-simple interest in this new construction 5-story, 98-Unit, Candlewood Luxury Extended Stay Suites by IHG located in A+ location in Metro Atlanta/Kennesaw, GA
- Subject property stabilized revenue projected to exceed $4,000,000 in revenues by 2026 with strong cash flow
- Full kitchen in every suite including full-sized refrigerator, dish washer, microwave and stove top
- Stabalized revenues projected at $4,200,000/$114 RevPAR
- Opportunity to be the first owner/operator of this new construction Candlewood Luxury Extended Stay Suites
- Certified Green Property for sustainability and efficiency
- Rare opportunity to operate a luxury extended stay hotel at the junction of I-75 and Hwy 575
Located with proximity to all major demand generators including:
- Town Center Shopping Mall
- Lakepointe Sports Campus
- Barrett Pavilion Shopping Mall
- Dobbins Airforce Base
- Kennesaw State College
- 30 minutes from Trilith Studios, the 2nd largest movie studio in the world
Christian Swann
REALTOR®
