Four Hotel Marriott and IHG Portfolio in Georgia Listed for Sale

The Middle Georgia Select Service Hotel Collection, consisting of Marriott and IHG-branded hotels, is available for sale with flexible acquisition options.

The Middle Georgia Select Service Hotel Collection, located in Warner Robins and Cordele, Georgia, is now on the market. The portfolio includes four hotels, two under the Marriott brand and two under the IHG brand, totaling 297 rooms in Warner Robins and Cordele, Georgia. The properties are available for purchase individually, as a sub-portfolio, or as a complete portfolio.

Operational and Financial Details

Third-party operators currently manage the hotels. The properties range in age from 14 to 17 years and are offered with long-term franchise agreements. The hotels have a strong existing cash flow, with opportunities for increased revenue following brand-required renovations and improved operational strategies. Current net operating income (NOI) margins are in the mid-20% range, with potential to reach mid-30% according to industry standards.

Management and Renovation Opportunities

The hotels are unencumbered by management, providing new owners with the potential for operational improvements. Recent comprehensive renovations have been completed at the Holiday Inn Express in Cordele and the Fairfield Inn in Warner Robins. These updates, along with fresh management approaches, are expected to enhance revenue and operating margins.

Brand and Market Details

The properties feature well-known brands from leading franchise companies, offering strong brand recognition and guest loyalty programs. The portfolio is evenly split between Marriott and IHG-branded hotels. This division provides potential buyers with a balanced investment in recognized brands.

Acquisition Options

The hotels are available for purchase as a complete portfolio, sub-portfolios, or individual assets. This flexibility allows potential buyers to choose an acquisition strategy that best suits their operational goals. A portfolio or sub-portfolio purchase can offer operational synergies and enhanced profitability. Sub-portfolio options focusing on either Cordele or Warner Robins provide localized market concentration, which can maximize efficiency and marketing benefits while reducing costs.

Inquire at CBRE.