The full service Holiday Inn is an interior corridor 5 story hotel. The property was renovated in 2021 and features the new H4 program from IHG. Featuring 129 first class guestrooms, the Holiday Inn is ideally suited for business or leisure guests. Each guestroom offers the latest in room amenities with high speed interned, flat screen TVs, a work desk and sitting area.
The hotel consists of 128 guestrooms featuring refrigerators and microwaves. Wired and wireless Internet access is complimentary, 42-inch flat screen TV with premium and workspace complete with a desk and lamp. Private bathrooms have complimentary toiletries and hair dryers. Conveniences include safes and desks, as well as phones with free local calls.
Investment Summary
The Asset:
The Holiday Inn benefits from its easy interstate access to all that Atlanta has to offer. it's immediate proximity to Emory Hospital and Close Proximity to Major Attractions such Stone Mountain Park, CNN Center, Sun Trust Park, State Farm Arena and The World of Coke to realize strong financial performance.
This asset will be a great addition to one‘s portfolio given the national brand recognition and the potential business opportunity in the immediate market.
Management and Debt
The hotel is offered unencumbered of any management and debt
Property Improvement Plan (PIP)
Franchise Attributes
The Holiday Inn brand is one of the most successful brands in the IHG Group of hotels, with over 2800 hotels worldwide and 300,000 rooms. IHG features a strong loyalty program with over 100 million members. it's considered the first and largest guest loyalty program in
the hotel industry.
Franchise License with IHG
The franchise license is considered an exceptionally valuable asset of the property. It provides a high level of traveler allegiance and recognition, an excellent computerized reservation system, and a strong guest reward program.
Property Improvement Plan (PIP)
Upon change of ownership, it is anticipated that Wyndham will require the new owner to complete a minimal change of ownership PIP. This PIP will require certain improvements, upgrades to the hotel as a condition of the issuance of a new franchise. The Buyer will be responsible for all repairs and renovations needed to satisfy these requirements.
Excellent Location
The Holiday Inn Atlanta-Northlake, an IHG Hotel places you in the heart of Atlanta, within a 5-minute drive of Northlake Mall and Embry Hills Shopping Center. This hotel is 7.2 mi (11.5 km) from Emory University and 9.4 mi (15.2 km) from Perimeter Mall.
