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3700 SHACKLEFORD RD, DULUTH, GA 30096
YOUNG INTERNATIONAL BROKER
CLARION SUITES
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This Offering was prepared by Young International Broker based on information obtained from third party sources. It contains select information about the Property and the real estate market but does not contain all the information necessary to evaluate the acquisition of the Property. The financial projections contained herein (or in any other Evaluation Material, including any computer diskettes or electronic files) are for general reference only. They are based on assumptions relating to the overall economy and local competition, among other factors. Accordingly, actual results may vary materially from such projections.
While the information contained in this Offering and any other Evaluation Material is believed to be reliable, neither Young International Broker nor Owner guarantees, represents or warrants its accuracy or completeness. Because of the foregoing and since the Property is being offered on an “As Is, Where Is” basis, a prospective investor or other party authorized by the prospective investor to use such material solely to facilitate the prospective investor’s investigation, must make its independent investigations, projections and conclusions regarding the acquisition of the Property without reliance on this Offering or any other Evaluation Material. Although additional Evaluation Material, which may include engineering, environmental or other reports, may be provided to qualified parties as the marketing period proceeds, this Evaluation Material is also being provided without guarantee, representation, or warranty, and prospective investors should seek advice from their own attorneys, accountants, engineers environmental experts, and any other party or parties deemed appropriate by prospective investors in evaluating the Property.
Owner expressly reserves the right, in its sole discretion, to reject any offer to purchase the Property or to terminate any negotiations with any party at any time with or without written notice. Owner shall have no legal commitment or obligations to any prospective investor unless and until a purchase and sale agreement has been fully executed, delivered and approved by Owner and any conditions to Owner’s obligations there under have been satisfied or waived.
Neither Young International Broker or any other person or party is authorized to make any representation or agreement on behalf of Owner. Each prospective investor will be responsible for any claims for commissions by any other broker in connection with a sale of the Property, if such claims arise from acts of such prospective investor or its broker.
This Offering is the property of Owner and Young International Broker and may be used only by parties approved by Owner or Young International Broker. No portion of this Offering may be copied or otherwise reproduced or disclosed to anyone except as permitted under the Confidentiality Agreement.
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DISCLAIMER
DISCLAIMER
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YI BROKER
Young International Broker is a commercial and residential real estate brokerage that specializes in hotels, commercial properties, development, and investment services. We offer the complete spectrum of brokerage and advisory services related to real estate, mortgage, insurance, and investments. Catered to our client’s best interests, we provide insightful advisement, generate promising opportunities and communicate with our distinguished customer service, while embracing potential challenges, to fabricate tailored agreements and services. We strive to service our clients and investors with integrity, ingenuity, and satisfaction, forging beneficial partnerships to deliver distinct value in all our transactions through our extensive expertise, networks, and community affiliations.
Thank you for the opportunity to present the following business ventures. We take pride in our ability to assist you. With extensive knowledge and experience, we will facilitate a complete and beneficial process with ease.
YOUNG INTERNATIONAL BROKER
Additional Benefits:
✓ Loan coordinating assistance✓ Legal assistance with distinguished legal
professionals✓ Assistance in forms for required franchise, loan, or
licensing approvals
For Our Buyers:
✓ Locate businesses/properties✓ Arrange viewings and business meetings✓ Prepare offers and purchase contracts✓ Negotiate on your behalf✓ Assist with Franchise, Loan, or Licensing
Approvals as needed✓ Complete sale to closing
For Our Seller:
✓ Advertise the business/property on multiple platforms, as well as our own network
✓ Find qualified buyers✓ Appraise business value✓ Provide consultation concerning business deal✓ Negotiate on your behalf✓ Complete sale to closing
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Founder and CEO of Young International Broker, Young Woo is recognized as one of the top brokers in the Georgia. With over 15 years of experience in residential and commercial real estate, Young offers valuable skills and insights in her field. Affiliated with multiple organizations including NAMAR, Korean Peace Advisor Group, International Hoteliers, and USA Southeastern Korean Hotel Owners Association, Young is passionately driven and dedicated to her clients.
“Believe in your dream. That makes the biggest difference.”
YOUNG WOO
YOUNG WOO
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SOPHIA Manager(404) 465.6551 - [email protected] Augusta to Marietta, Sophia was born and raised throughout Georgia. Her background in Management and Long-Term Disability provides her the experience and tenacity to meticulously compile and review contracts for our clients. Upon receiving her real estate license, Sophia now helps Young through various stages of our process to fully assist our clients.
SHARON Marketing(678) 760.7417 - [email protected] has called Atlanta home for the past 30 years. She offers over 15 years of hotel and property management and is currently part of the team as the sales and marketing lead.
AL Liquor/Package Store Specialist(404) 660.2893 - [email protected] and raised in Roswell, GA, Al graduated Cum Laude from Georgia Southern University with a degree in Business and Marketing. Al specializes in Liquor Stores with a family history of sales of commercial liquor stores that spans over 35 years. He has continued their strong reputation with a name known in the industry.
OUR TEAM
OUR TEAM
MOHAN Loan Coordinator (770) 845.0634 - [email protected] was born in East Africa and earned his mechanical engineering degree in England. He has worked from Canada to California and experienced over 30 years of hotel management and ownership in the United States, providing a strong skillset to the team. He has worked with Young for over 10 years and applies his experience and knowledge to aid our clients and customers.
MICHELLE New Build & Sales Specialist(678) 951.3167 - [email protected] has an extensive background as a business banker and market investment brokerage banker at the major bank in the US. She provides investment opportunities in real estate based on the past work experience and education to our clients.
KWANG MO SUH Residential Specialist(770) 714.8081 - [email protected] Mo has established B2B relations with IBM while working for Samsung Electronics for almost 40 years, all while raising his family and maintaining residency in the Southeast. As a Georgia Realtor, Kwang Mo has enabled local, out-of-state and international businesses to successfully settle in Georgia. Confident in securing dreams homes for buyers and investors, Kwang Mo dedicates his time and efforts as a Commercial and Residential Realtor for our team.
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CLARION SUITESASKING PRICE: $6,500,000
EXTERIOR
INTERIOR
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PROPERTY DESCRIPTION
FEATURES
TOTAL ROOMS 85
BUILDING SF 43,550
LAND SF 94,089.6
LAND ACRES 2.16
ROOM CONFIGURATION Interior Corridors
NUMBER OF STORIES 2
NUMBER OF BUILDINGS 1
NON-SMOKING ROOMS 85
AMENITIES
POOL Indoor
BREAKFAST Complimentary
WIFI Complimentary
VENDING MACHINES Available
BUSINESS CENTER On-Site
MEETING ROOM Available at additional cost
FITNESS CENTER On-Site
STATISTICS
$1,532,859$1,565,438
$1,400,584
$1,251,285 $1,236,315
2015 2016 2017 2018 2019
$0
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
$1,600,000
$1,800,000
YEARLY REVENUE
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REVENUES
REVENUES
YEAR REVENUE
2015 $1,532,859.40
2016 $1,565,438.28
2017 $1,400,583.92
2018 $1,251,284.52
2019 (as of 11/7) $1,236,314.96
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ADR
$60.59 $63.71 $62.95
$76.41 $75.62
$0.00
$10.00
$20.00
$30.00
$40.00
$50.00
$60.00
$70.00
$80.00
$90.00
2015 2016 2017 2018 2019
ADR
AVERAGE DAILY RATES
YEAR ADR
2015 $60.59
2016 $63.71
2017 $62.95
2018 $76.41
2019 (as of 11/7) $75.62
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ROOM OCCUPANCY
2015
84.52%
2017
77.87%
2019
56.55%
ROOM OCCUPANCY
2016
84.05%
2018
58.47%
YEAR ADR
2015 84.52%
2016 84.05%
2017 77.87%
2018 58.47%
2019 (as of 11/7) 56.55%
DEMOGRAPHIC
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POPULATION
POPULATION 1 MILE 3 MILE 5 MILE
2000 POPULATION 8,599 73,113 183,830
2010 POPULATION 10,498 88,540 221,230
2019 POPULATION 11,797 98,668 249,383
2019 AFRICAN AMERICAN 4,747 30,400 67,148
2019 AMERICAN INDIAN 75 727 1,474
2019 ASIAN 1,422 17,172 47,098
2019 HISPANIC 4,411 36,115 81,870
2019 WHITE 3,011 29,563 85,796
2019 OTHER RACE 2,046 16,533 37,391
2019 MULTIRACIAL 491 4,205 10,334
POPULATION
0
10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
90,000
100,000
African
American
American
Indian
Asian Hispanic White Other Race Multiracial
2019 Population by Race
1 Mile 3 Mile 5 Mile
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HOUSEHOLDS 1 MILE 3 MILE 5 MILE
2000 TOTAL HOUSING 4,150 29,266 69,028
2010 TOTAL HOUSEHOLDS 4,403 31,371 75,667
2019 TOTAL HOUSEHOLDS 4,866 34,306 84,299
2019 AVERAGE HOUSEHOLD SIZE 2.42 2.87 2.95
2000 OWNER OCCUPIED HOUSING 815 13,681 39,517
2000 RENTER OCCUPIED HOUSING 3,014 14,256 26,871
2019 OWNER OCCUPIED HOUSING 959 14,156 44,638
2019 RENTER OCCUPIED HOUSING 3,907 20,150 39,661
2019 VACANT HOUSING 545 2,776 6,236
2019 TOTAL HOUSING 5,411 37,082 90,535
HOUSEHOLDS
959
3,907
545
2019 Household Occupancy - 1 Mile Radius
Owner Occupied Housing Renter Occupied Housing Vacant Housing
HOUSEHOLDS
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2019 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE
LESS THAN $15,000 560 3,037 6,647
$15,000-$24,999 504 3,194 6,612
$25,000-$34,999 728 4,877 10,135
$35,000-$49,999 858 6,326 13,391
$50,000-$74,999 1,104 7,379 17,568
$75,000-$99,999 639 4,258 10,922
$100,000-$149,999 319 3,456 11,128
$150,000-$199,999 80 826 3,685
$200,000 OR GREATER 74 954 4,210
MEDIAN HH INCOME $45,160 $49,085 $55,547
AVERAGE HH INCOME $45,158 $64,103 $76,533
HOUSEHOLD INCOME
02000400060008000
100001200014000160001800020000
2019 Household Income
1 Mile 3 Mile 5 Mile
$0
$20,000
$40,000
$60,000
$80,000
$100,000
1 Mile 3 Mile 5 Mile
2019 Household Income Median and Average
Median HH Income Average HH Income
HOUSEHOLD INCOME
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LOCATION
MAP OF CLARION SUITES
MAP OF CLARION SUITES (SATELLITE VIEW)
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DULUTH, GA
Exciting and adventurous, locals take pride in calling Duluth “home.” This city is always moving and constantly growing with a spectacular community. Duluth contains major attractions such as Gwinnett Place Mall, Infinite Energy Center and the Red Clay Theater. Ranked 26 in “America’s Best Places to Move” by Forbes Magazine and named “Best Affordable Suburb in Georgia” by BusinessWeek, Duluth houses excellent public schools and parks enjoyed by locals and tourists. Consistently receiving multiple awards annually, Duluth truly prides itself with its advancements. This progressive city has its sights set firmly on the future while maintaining its community values.
DULUTH, GA
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Gwinnett County has been one of the fastest-growingcounties for the past 20 years. Gwinnett’s partnerships with Georgia Institute of Technology and University of Georgia offer Gwinnett County with multiple projects and activities to assist in its economic development. The Gwinnett Chamber of Commerce offers the metro Atlanta business community a wealth of growth opportunities while collaborating with regional partners accelerate economic and community development. The Chamber demonstrates a pivotal role in uniting business, government, education, healthcare, public service, philanthropy, and the arts/culture/entertainment societal sectors to sustain long-term economic growth for our community and to continue to enhance the enviable quality of life all Gwinnett residents enjoy. Gwinnett County is the second most populous county in Georgia. Gwinnett County is also home to many major companies Canon, AGCO, Primerica, Waffle House and more!
GWINNETT COUNTY, GA
GWINNETT COUNTY, GA
