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1604 South Peterson Avenue

Cushman & Wakefield Represents Sale Of Hampton Inn In Douglas Georgia For $7.15M
SOLDHotel

Cushman & Wakefield Represents Sale Of Hampton Inn In Douglas Georgia For $7.15M

1604 South Peterson Avenue

$7,150,000

Building Size

Asset Type

Hotel

Closing

Aug 18, 2025

AI

The transaction involved the sale of a hotel asset, specifically a 61-room Hampton Inn located at 1604 South Peterson Avenue in Douglas, Georgia. The property was sold for a transaction amount of $7,150,000, which translates to a per room price of approximately $117,213.

Summary of transaction details:

  • Property Type: Hotel
  • Transaction Amount: $7,150,000
  • Address: 1604 South Peterson Avenue
  • Market: Douglas, GA
  • Keys: 61
  • PPK: $117,213

The brokers involved in the transaction were David Greenberg, Ely Silverstein, Gabriel Shamay, and Jesse Lastofsky, representing Cushman & Wakefield in the sale of this property.

Players

David Greenberg

Cushman & Wakefield

Broker

$93.1M

vol

9 deals

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage

Douglas Hotel Market Snapshot

Boundary boundary · Hotel · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.22%

Cash-on-Cash

-0.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93