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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
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

PROPERTY TAXES

Parcel Number
J11Y-187
Land Assessment
$102,608
Improvements Assessment
$124,430
Total Assessment
$227,038

zoning

Zoning Code C-C (Commercial)
C-C (Commercial)
  • Listing ID: 30044864

  • Date on Market: 11/13/2023

  • Last Updated:

  • Address: 3158 Martha Berry Hwy NE, Rome, GA 30165

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