Economy Hotel - Forest Park

241 Falcon Drive, Forest Park, GA 30297

  • For Sale $5,700,000
  • Property Type Other
  • Property Size 51,894 SF
  • Date Updated Apr 25, 2025

Avison Young Hospitality Group, as exclusive advisor, is pleased to offer the Economy Hotel in Forest Park, Georgia—an independently branded, 170-room economy hotel located in the heart of the Greater Atlanta MSA, just minutes from Hartsfield-Jackson Atlanta International Airport and major regional transportation corridors.

This cash flowing asset is being offered unencumbered by management and debt, providing investors with the flexibility to implement new operational strategies and unlock additional value. The hotel benefits from strong, in-place cash flow and consistently high occupancy, reflecting the area's robust demand for affordable lodging options.

Positioned on a well-trafficked corridor and surrounded by a mix of residential, industrial, and commercial developments, the property serves a diverse base of extended-stay guests, transient travelers, and workforce demand. The hotel’s strong occupancy and reliable revenue stream offer a compelling opportunity for investors seeking immediate yield with operational upside.


Additionally, the property is being offered at a substantial discount to replacement cost, presenting a favorable cost basis in today’s inflationary construction environment. With minimal capital barriers to entry and an opportunity to optimize rate strategies, the Economy Hotel is well-positioned for both short-term returns and long-term value creation.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • 170 Guestrooms
  • Independently branded economy hotel
  • Sold unencumbered of debt & management
  • Discount to replacement cost
  • Significant In-place cash flow

Contacts

broker
Jeremy Cabe

Avison Young - US - GA - Atlanta

broker
Christopher Kilcullen

Avison Young

broker
Matt Wilkins

Avison Young - US - GA - Atlanta

broker
Keith Thompson

Avison Young

Location

Getting Around

  • Walk Score ®

    27/100 Car-Dependent

  • Transit Score ®

    34/100 Some Transit

  • Bike Score ®

    31/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Forest Park, GA
  • Neighborhood Northwest Forest Park
  • Zip Code 30297
  • Market Atlanta

Points of Interest

  • F Gates & International Terminal

    1.71 miles

  • E Gates

    1.98 miles

  • D Gates

    2.12 miles

  • C Gates

    2.29 miles

  • B Gates

    2.45 miles

  • A Gates

    2.63 miles

  • T Gates

    2.80 miles

  • Domestic Terminal

    2.88 miles

  • Airport

    3.02 miles

  • College Park

    3.47 miles

  • Chevron

    0.52 miles

  • Exxon

    0.73 miles

  • QuikTrip

    0.75 miles

  • RaceTrac

    0.81 miles

  • Shell

    0.92 miles

  • BP

    0.95 miles

  • Texaco

    1.07 miles

  • Sunoco

    1.43 miles

  • Citgo

    1.62 miles

  • ChargePoint

    2.50 miles

  • International Terminal Park-Ride

    1.26 miles

  • C.W. Grant Parkway Park & Ride

    1.30 miles

  • International Terminal Hourly Parking

    1.63 miles

  • Park-Ride Reserve

    2.77 miles

  • Terminal South Daily

    2.81 miles

  • Cell Phone Lot

    2.91 miles

  • South Hourly

    2.91 miles

  • Terminal North Hourly

    2.92 miles

  • Terminal North Gold Lot

    2.97 miles

  • Terminal North Daily

    3.01 miles

  • Atlanta Airport Hotel

    0.01 miles

  • Econo Lodge Atlanta Airport East

    0.64 miles

  • Knights Inn Forest Park

    0.72 miles

  • Comfort Suites Atlanta Airport

    0.73 miles

  • Home Lodge

    0.81 miles

  • Western Inn

    0.83 miles

  • Quality Suites Atlanta Airport East

    0.86 miles

  • InTown Suites Atlanta South

    1.20 miles

  • Kimpton

    1.92 miles

  • BEST WESTERN PLUS Atlanta Airport-East

    2.00 miles

  • Mr. Taco

    0.53 miles

  • Subway

    0.56 miles

  • Tijuana Joes

    0.78 miles

  • Hong Kong Express

    0.79 miles

  • Jimmy John's

    0.79 miles

  • Wendy's

    0.81 miles

  • Zesto

    0.91 miles

  • McDonald's

    0.92 miles

  • Taqueria Palafox

    0.97 miles

  • Burger King

    0.99 miles

  • Hendrix Drive Elementary School

    1.60 miles

  • Fountain School

    1.66 miles

  • Saint Johns School

    2.11 miles

  • Ash Street Elementary School

    2.17 miles

  • College Street School

    2.20 miles

  • West Clayton School

    2.44 miles

  • Hapeville Elementary School

    2.48 miles

  • Hapeville High School

    2.49 miles

  • Josephine Wells Elementary School

    2.56 miles

  • Charles R. Drew High School

    2.62 miles

  • Adult Day Care Center

    2.58 miles

  • Jeannette Cathy Children's Center

    5.85 miles

  • Childcare Center

    5.98 miles

  • Arcadia Kids Club

    6.43 miles

  • Primrose School

    8.49 miles

  • Carol's Daughter Learning Center

    8.54 miles

Frequently Asked Questions

How much does Economy Hotel - Forest Park cost?

The space currently listed for sale at Economy Hotel - Forest Park asks for $5,700,000.

What is the total square footage of Economy Hotel - Forest Park?

Economy Hotel - Forest Park totals 51,894 square feet.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Economy Hotel - Forest Park
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.