JSK Hospitality Acquires Holiday Inn Express & Suites Hotel In Morrow Georgia For $15.2M
1420 Southlake Parkway
$15,200,000
Building Size
—
Asset Type
Hotel
Closing
Jul 2, 2025
About this deal
AI
The asset involved in this transaction is a 93-room hotel located at 1420 Southlake Parkway in Morrow, GA. The sale price for the property was $15,200,000. This hotel, a Holiday Inn Express & Suites, includes amenities such as a pool, fitness center, and complimentary breakfast, and is situated conveniently near Atlanta’s airport.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $15,200,000
- Buyer: JSK Hospitality
- Seller: YM Hospitality of Stockbridge
- Keys: 93
- PPK: $163,441
The transaction was facilitated by JSK Hospitality, representing the buyer, while YM Hospitality of Stockbridge represented the seller in this deal.
Players
Morrow Hotel Market Snapshot
Boundary boundary · Hotel · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.04%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93