Warner Robins, Georgia, offers a unique opportunity for investors to capitalize on the city's growing economy and tourism industry through the acquisition of hotels. With a population of approximately 80,000 residents and a strong presence of Robins Air Force Base, Warner Robins attracts a steady stream of visitors and business travelers. Hotels in Warner Robins can cater to a diverse range of clients, from military personnel and contractors to families and tourists visiting the Museum of Aviation and other local attractions. The city's infrastructure, including major roads like U.S. Highway 129/Georgia State Route 247 and Interstate 75, facilitates easy access to nearby cities and attractions. Additionally, Warner Robins is home to several major employers, including Blue Bird Corporation and Houston Healthcare, which contribute to the city's economic stability. The city's humid subtropical climate and mild winters also make it an attractive destination for tourists and business travelers alike.
Currently, there are 1 hotels for sale in Warner Robins, offering a range of investment opportunities. The average price per square foot for hotels in Warner Robins is $301 USD, with an average size of 32,093 square feet. The largest hotel for sale in the area spans 32,093 square feet. In addition to hotels, Warner Robins also offers investment opportunities in restaurants, apartment buildings, and shopping centers. Restaurants in Warner Robins can capitalize on the city's growing tourism industry and cater to the diverse tastes of visitors and locals alike. Apartment buildings in Warner Robins can offer a range of housing options for military personnel, students, and families. Shopping centers in Warner Robins can provide a convenient and accessible retail experience for residents and visitors. Overall, Warner Robins presents a unique and attractive investment opportunity for those looking to capitalize on the city's growing economy and tourism industry.
What factors should I consider when buying a hotel in Warner Robins?
When considering buying a hotel in Warner Robins, there are several key factors to take into account, including:
- The local economy, which is heavily influenced by the presence of Robins Air Force Base, a major U.S. Air Force maintenance and logistics complex, and large corporations like First Solar and Blue Bird Corporation.
- The city's infrastructure, including major roads like U.S. Highway 129/Georgia State Route 247 and Interstate 75, as well as the Warner Robins Air Force Base, which can impact accessibility and visibility for potential guests.
- The current market conditions, with 1 available listings of hotels, an average price per square foot of $301 USD, and an average size of 32,093 square feet, as well as an average cap rate of.
It's also essential to research the local amenities, such as the Museum of Aviation, Walker's Pond Trail, and the Houston Medical Center, which can attract visitors and impact the hotel's occupancy rates. Additionally, understanding the city's demographics, including its population of around 80,000, and the local arts scene, can help inform your investment decision. For more information on financing options, consider exploring CRE loans, also known as commercial real estate loans, as outlined in our article at CRE loans.
How is the value of a hotel for sale typically calculated?
When evaluating hotels for sale in Warner Robins, the value of a property is typically calculated through a comprehensive CRE appraisal, which takes into account various factors such as the hotel's income, expenses, and local market conditions. To learn more about the CRE appraisal process and how it affects hotel valuations, check out our article at CRE appraisals.
