Atlanta, GA

Opportunity to acquire a prime downtown Atlanta high-rise site planned for up to 160 multifamily residences, 231 student housing beds or 300,000 SF hotel. Currently utilized for parking and billboard income the property income exceeds $410,000 annually providing a remarkable covered land play. New lighting being installed expected to boost the parking income to $500,000 annually. The site is well-located surrounded by major educational, entertainment, and sporting venues. Demand generators are bountiful including Georgia State University, Underground Atlanta, State Farm Arena, Mercedes Benz Stadium, Centennial Olympic Park, Georgia Aquarium, Georgia World Conference Center, the World of Coca-Cola, CNN Center, and the College Football Hall of Fame. Tenants or guests will also enjoy quick access to Woodruff Park, the Peachtree Center Transit Station, and Georgia State University.

Slidell, LA

Bull Realty is pleased to offer the opportunity to acquire a fee-simple interest in the 59-key La Quinta Inn & Suites Hotel near New Orleans, LA. The property is located in Slidell off I-12 near a diverse set of demand generators, including NASA Michoud Assembly Facility, Textron, Lake Pontchartrain and Honey Island Swamp Tours. T12 RevPAR is currently 25% below competitive set and presents new ownership with an excellent value-add opportunity to close this gap. Net Operating Income as a percent of total income has averaged 25% the past two years, allowing new ownership the ability to cut expenses to drive further bottom line growth. To help generate bottom and top line growth, new owners have the opportunity to convert to other brands, including Spark by Hilton. Room night demand within Slidell comes from a variety of industries, including aerospace, medical, and military, and the hotel does not have one account that generates a large portion of its room nights. Residing within Louisiana’s healthiest and wealthiest Parish, Slidell is uniquely positioned between New Orleans and Baton Rouge job centers. With COVID forcing more remote work, the parish expects continued strong population growth as employees desiring some of the best quality of life in Louisiana will move from the Baton Rouge and New Orleans city centers to the parish. STR’s forecast for a 15% increase in RevPAR over the next year within the Slidell/New Orleans East submarket reflects this strong anticipated economic growth. With a diverse hotel demand base, top and bottom line value add opportunities, and a strong market forecast, investors in the La Quinta Inn & Suites in Slidell have a lot to look forward to post acquisition.

Portland, TX

For information regarding this sale or other sold properties and market intel call 404-876-1640 or email info@BullRealty.com.

Decatur, GA

For information regarding this sale or other sold properties and market intel call 404-876-1640 or email info@BullRealty.com.

Atlanta, GA

For information regarding this sale or other sold properties and market intel call 404-876-1640 or email info@BullRealty.com.

Sumter, SC

For information regarding this sale or other sold properties and market intel call 404-876-1640 or email info@BullRealty.com. Bull Realty SC License #: 13327

Shreveport, LA

For information regarding this sale or other sold properties and market intel call 404-876-1640 or email info@BullRealty.com.

Salt Lake City, UT

For information regarding this sale or other sold properties and market intel call 404-876-1640 or email info@BullRealty.com.