Hospitality Business for Sale in Kennesaw, GA

  • Price: $18M
  • Listing type: For sale
  • Asset type: Hospitality Business
  • Location: Kennesaw, GA 30144
  • Size: 54,158 SF
  • Year built: 2022

Description

The Christian Swann Group proudly presents the Candlewood Luxury Extended Stay Suites by IHG. This Stunning 5-story interior corridor, new construction, luxury extended suite hotel, located in a prime location at 745 Cobb Pl. Blvd just off of I-75 in Kennesaw. This beautiful brand new construction boasts of 98 units, featuring 81 spacious king suites, 55 stylish king studios, and 35 comfortable double queen studios. As an IHG Green Engage property, this hotel is committed to sustainability and environmental responsibility. Each of the large 15 foot wide rooms features a thoughtfully designed layout, complete with full kitchens for added convenience. Candlewood Suites Atlanta - Kennesaw offers fully furnished in-room kitchens in all rooms. Our full kitchens have everything you need to cook your own meals while traveling. Guests will enjoy the perfect blend of luxury and comfort, with plush bedding, modern furnishings, and top-of-the-line amenities. Located within walking distance of a variety of restaurants and the bustling Town Center Shopping Mall, this hotel is perfectly situated for both business and leisure travellers. Nearby attractions include Kennesaw State College, the Atlanta Icehouse, Lakepointe Sports Campus, and Dobbins Air Force Base, all just a short drive away. Only 30 minutes to Trility Studios, the second largest movie production studio in the world. The Candlewood Suites provides a rare opportunity to own an extended stay interior corridor mid to upper mid class hotel in a strategic Atlanta/Kennesaw location. Construction was fully completed in 2023. The doors have not yet opened. You have the opportunity to be the first operator, if you move fast. Building SF: 54158 | Land Size: 139.0 Ac | Year Built: 2022 | Listing Type: FOR SALE

Market Context

This hospitality in Kennesaw, GA is listed for sale at $18,000,000 across 54,158 SF ($332/SF). It is offered at an approximate 10.0% capitalization rate, a key benchmark for income-producing hospitality assets. The building dates to 2022. It has been on the market for 38 days. Compare it against other hospitality listings for sale in Kennesaw, GA — <a href="/search/sale/hospitality/georgia/kennesaw">view the full market</a>.

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