4048 Socco Rd | Maggie Valley, NC 28751
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4048 Socco Rd
Maggie Valley, NC 28751
Asheville MSA Hotel - Interior Corridors · Hospitality Property For Sale
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13,569 SF
INVESTMENT HIGHLIGHTS
- SBA, USDA loan eligible. Call Madhur Gupta, M Hotels, LLC at 919-428-9840.
- Absentee Owner. Low Property Tax. Low Payroll Costs. Potential to Increase Revenue to $900K-$1 MM and NOI to $250K-$300K with an Owner Operator.
- MAJOR CITIES NEARBY: Asheville-30 mi,Gatlinburg-60 mi,Knoxville-95 mi,Charlotte-149 mi,Atlanta-177 mi,Columbia-183 mi,Greensboro-205 mi,Raleigh-284 mi
- Midscale, 46-Room, 2-Story, Ramada by Wyndham Hotel with Scenic Mountain and Creek Views, Indoor Pool, Hot Tub, Private Balconies, Interior Corridors
- Near Stunning Smoky Mountains Blue Ridge Parkway, Cataloochee Ski, Historic Biltmore Estate with “America’s Largest House,” Jonathan Creek, and more.
- Located in Hot Asheville MSA, a $20.3 Billion Economy, Attracting Over 10 Million Visitors Annually, and Poised to Pass 500,000 in Population in 2025.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1996/2005 |
| Building Class | C | Parking Ratio | 3.61/1,000 SF |
| Lot Size | 1.00 AC | Corridor | Interior |
| Building Size | 13,569 SF | ||
| Zoning | MC-1 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.00 AC |
| Building Size | 13,569 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1996/2005 |
| Parking Ratio | 3.61/1,000 SF |
| Corridor | Interior |
| Zoning | MC-1 |
AMENITIES
- Balcony
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 7686-18-3614 | Improvements Assessment | $1,724,900 |
| Land Assessment | $219,100 | Total Assessment | $1,944,000 |
PROPERTY TAXES
Parcel Number
7686-18-3614
Land Assessment
$219,100
Improvements Assessment
$1,724,900
Total Assessment
$1,944,000
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