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   Hamilton Turner Inn • Savannah, Georgia
 

Property

Elegant 2nd Empire French Victorian            Circa 1873, established as Inn, 1977
17 guest chambers / 19 guest baths               11,612 heated / cooled square feet
Separate, 3-guest room carriage house          Commercial kitchen and laundry
Lodging, restaurant & wine licenses               Dedicated meeting space

 Destination

Savannah is filled with elegant architecture, ornate ironwork, eccentric citizens, moss-draped oaks, fountains and green primordial squares. Annual visitation to this world-renown travel destination exceeds 7,000,000. The Hamilton Turner Inn commands a prime, National Landmark Historic District location overlooking Lafayette Square, one of Savannah's oak and Azalea-filled parks.

 Business

Starlets to statesmen select this opulent, intimate hotel for sojourns in Savannah. Occupancy and average daily rate (ADR) are among the strongest in the city. With YTD revenue 29% ahead of the same period last year, the business is poised for a return to its pre-2009 position of annual revenues in excess of $1,000,000. Overall condition of the structure, furniture, fixtures and equipment is considered excellent. The Hamilton Turner Inn holds appointments to Classic Inns of the South, Select Registry, Distinguished inns of North America and is a AAA 4-diamond award recipient.

Operation

                                                 2009             2010             2011 (Jan - Jun)
Average Daily Rate                   $247             $230              $255
Annual Occupancy Rate            47%               50%              63%
Annual Room Revenue           $721,499     $717,036        $494,193
Annual Gross Revenue           $746,098      $772,800        $516,888

Price & Terms
 $4,995,000. Attractive SBA loan assumption may be available to a qualified Buyer.

Website & Photo Gallery
Hamilton-Turner • Select Registry • Classic Inns of the South

Details & Site Inspection
904-321-2210 • davidcaples@lodgingresources.com

Offered for sale by David Caples, Broker-Salesman and Joe McDonough, Broker

David is a Florida-based real estate broker with Prudential Chaplin-Williams Realty, Amelia Island. He focuses exclusively on sales and marketing of small lodging properties. David is not licensed by the Georgia Real Estate Commission. Joe McDonough, Atlantic Land, is a Georgia-licensed broker based in St. Simons, GA. Contracts, agreements and offers pertaining to this property will be construed under Georgia law and the superior courts of Georgia will have jurisdiction over any actions which may be brought against either broker as a result of such contract, agreement or offer. Prospective buyers should perform their own due diligence.
 




History, Food, Culture, Beauty

"...the most beautiful city in North America"
- Paris, Le Monde, France's premier newspaper


Some things about Savannah never change - it remains one of America';s loveliest cities, laid out in 1733 around a grid of 21 verdant squares, where children play, couples wed and on balmy evenings lone musicians perform a jazz soundtrack. But that doesn't mean that there's nothing new in Savannah. There is an emerging art scene that includes the high - the Telfair, the oldest art museum in the south, and the low - a scene driven by students and faculty at the booming Savannah College of Art and Design.


Change of another kind is ongoing too: restoration. Ever since 1954 when a concerned group of citizens established the Savannah Historic Association to preserve the 1,100 historic buildings and 21 squares in Savannah's historic district, Savannah has sought to preserve and celebrate its past.


Hard to believe but there is more to Savannah that the historic district. there's Starland, an area now filled with galleries and studios and Back in the Day Bakery, an old-fashioned bakery with a fervent local following.     
   

               


250-year-old oaks draped with Spanish moss decorate stately Bonaventure Cemetery where Conrad Aiken, Johnny Mercer and other notable residents are buried. looking out over the intra-coastal waterway and filled with mature Azalea and Camellia bushes, the cemetery is a picnic-perfect place and gathering spot for anglers and mourners.


Shopping, from sophisticated to sublime, is alive in Savannah along with rapidly revitalizing Broughton Street, home to an imposing Marc by Marc Jacobs store and Leopold's Ice Cream Parlor, a Savannah tradition since 1919.


A Palm and Oleander lined causeway stretches for 20 miles east from the historic district across salt marshes and tidal creeks to Tybee Island and Georgia's beautiful Atlantic coast beaches where visitors and locals while away sunny days on white-sand beaches and chasing waves in the ocean surf.
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