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
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