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Pinecrest Motel 3158 Martha Berry Hwy NE
15 Room Hotel Rome, GA 30165 $1,000,000 ($66,667/Room) 19.50% Cap Rate
Property Facts
Price | $1,000,000 | Lot Size | 0.55 AC |
Price Per Room | $66,667 | Building Size | 5,315 SF |
Sale Type | Investment | No. Rooms | 15 |
Cap Rate | 19.50% | No. Stories | 1 |
Sale Conditions | Business Value Included | Year Built | 1952 |
Property Type | Hospitality | Parking Ratio | 4.33/1,000 SF |
Property Subtype | Hotel | Corridor | Exterior |
Building Class | C |
Price | $1,000,000 |
Price Per Room | $66,667 |
Sale Type | Investment |
Cap Rate | 19.50% |
Sale Conditions | Business Value Included |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 0.55 AC |
Building Size | 5,315 SF |
No. Rooms | 15 |
No. Stories | 1 |
Year Built | 1952 |
Parking Ratio | 4.33/1,000 SF |
Corridor | Exterior |
Amenities
- High Speed Internet Access
- Public Access Wifi
About 3158 Martha Berry Hwy NE , Rome, GA 30165
Welcome to a unique opportunity to own a remarkable extended stay motel located on Martha Berry Highway in the charming city of Rome, GA. This property presents an exceptional investment prospect, boasting 15 units that cater to the growing demand for extended stay accommodations. Nestled conveniently along the highly sought-after Martha Berry Highway, this motel enjoys unparalleled visibility and accessibility as residents and guests are just moments away from a myriad of local attractions, including historic sites, vibrant dining establishments, and scenic parks. The property's strategic positioning offers easy access to major highways, ensuring seamless travel for all. Beyond the exceptional location, this extended stay motel presents an enticing investment opportunity. With the growing demand for extended stay options, you can capitalize on a market that seeks both comfort and convenience. The property's established reputation for quality service and its prime location will ensure a steady stream of clientele, promising attractive returns on your investment. Situated on over 1 acre along the highway with road frontage on two sides, this lot also presents exceptional upside for development within minutes of Rome Tennis Center (largest in the nation) and Berry College. Seize the opportunity to invest in a property that not only promises financial gain but also allows you to be a part of a thriving community. Contact us today to for more information!
Room Mix Information
Description | No. Rooms | Daily Rate | SF |
---|---|---|---|
Guest Room | 15 | $38.00 | - |
PROPERTY TAXES
Parcel Number | J11Y-187 | Improvements Assessment | $124,430 |
Land Assessment | $102,608 | Total Assessment | $227,038 |
PROPERTY TAXES
zoning
Zoning Code | C-C (Commercial) |
C-C (Commercial) |
Learn More About Investing in Hospitality Properties
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Pinecrest Motel | 3158 Martha Berry Hwy NE
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