Marcus & Millichap is pleased to offer for sale a fee-simple interest in the 95-key, Avid Savannah Gateway Hotel. This well-appointed hotel was newly constructed in 2021 and is situated on approximately three acres. The new guest rooms provide complimentary Wi-Fi, HDTVs, minifridges, microwaves, hair dryers, ironing boards and coffeemakers. Additional common space amenities include a 24-hour gym, market, breakfast, parking, and a business center. The subject property is located at the Interstate-95 and GA 204 intersection with great visibility and access to all the major demand generators in the market. The Savannah/Hilton Head International was recently recognized as the No. 2 Airport for leisure travelers in the U.S according to Conde Nast Traveler, located just 12 miles from the hotel.
Savannah, a coastal Georgia city, is separated from South Carolina by the Savannah River. It’s known for manicured parks, horse-drawn carriages and antebellum architecture. Its historic district is filled with cobblestoned squares and parks such as Forsyth Park shaded by oak trees covered with Spanish moss. Guests at the hotel can easily travel to the nearby Tanger Outlets and all local attractions in the Savannah metro market. This hotel is just 14 miles from Savannah’s Historic District and Tybee Island which offers access to the beaches and Atlantic ocean. Local corporations include IKEA, Target Distribution Center, Home Depot, Dollar Tree Distribution Center, Gulfstream, SheltAir, Flight Safety, and Pier 1 Distribution Center. Corporate travelers enjoy the proximity to offices of Gulfstream Aerospace, Georgia Ports Authority, Norfolk Southern, Memorial Health University Medical Center, St Joseph’s/Candler Hospital, and Brasseler USA.