Extended Stay America Atlanta – Peachtree Corners, GA

Listing Agents

Sean Banilivy
T | 516.456.7525

Omari Head
T | 410.406.7259

David Monroe with Berryfield Hotel Group, LLC GA 325072

Detailed Information
Property Highlights


  • Fee-simple interest in the corporate owned and managed 73-room Extended Stay America (ESA) Atlanta – Peachtree Corners
  • Available for individual sale, part of a South / Southeast ‘Sun-Belt’ 17-property portfolio available in the auction events ending on March 15th-16th
  • Ability to purchase any combination of the 17-assets, affording buyers the opportunity to capitalize on strong regional operating economies of scale
  • Strong in-place performance with trailing-24-month year-over-year average ADR gains of +23% and average trailing-24-month occupancy of +82%.
  • Offered unencumbered of brand, debt, and management – with a variety of alternative brand options available for conversion
  • Product type with fully equipped kitchens is ideal for potential residential conversion or other alternative use pending zoning and municipality approval
  • Ideally located within the Atlanta MSA, proximate to all regional demand including Technology Park Atlanta, Coca Cola, Emory University, Six Flags Atlanta, Stone Mountain Park, and Georgia Aquarium
  • Property is conveniently located off US-141 and US-140 in the thriving northeast Atlanta suburb of Norcross with upwards of 200,000 vehicles passing the location daily
  • Rare opportunity to purchase corporate owned ESA assets amidst their first public marketing of properties since the +$6B portfolio acquisition in June 2021
  • Extended stay economy product is widely revered as recession proof and remains a favorite investment sector amidst private and public investors.
  • Extended stay economy product has also vastly outperformed all other lodging sectors in recent years, with particularly robust growth amidst the COVID recovery
  • High margin business model is ideally well positioned for any forward economic contraction given limited labor requirements with no sales department or food and beverage offering
  • Norcross was the fastest growing city in Gwinnett County over the past decade with population growth of nearly 90%
  • Norcross is undergoing various developments to accommodate continued expansive projected residential growth including 1,000 new housing units, widening of Jimmy Carter Boulevard, Buford Highway Master Plan, and creation of an Entertainment District
  • Governor Brian P. Kemp announced that Georgia is named the No. 1 state for business by Area Development in 2022, making it the 9th consecutive year the state has received this distinction
  • Georgia Department of Economic Development announced that in 2022, the state set a new record for economic development with $21.2 billion in business investments and 51,000 committed jobs

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