Tranquille Resort - Hiawassee, GA 834 Lower Bell Creek Rd

7 Room Bed and Breakfast Hiawassee, GA 30546 $3,995,000 ($570,714/Room) 12.06% Cap Rate

INVESTMENT HIGHLIGHTS

  • Rare Opportunity to Own a Successful Boutique Resort Property With Multiple Dwellings and Ability to Pick up Additional Sale Parcels
  • Short Distance From Atlanta, GA, Chattanooga, TN and Greenville, SC
  • Major Renovations in October 2022
  • Property Located on Lake Chatuge and Surrounded By the Scenic Blue Ridge Mountains
  • 9,400 SF Boutique Rental Community Featuring: Seven Cabins, Café, Dock and Boat Ramp
  • Value-Add Potential Due to the Rising Popularity of Rentals on 2rd Party Sites Like Airbnb

EXECUTIVE SUMMARY

Sands Investment Group is Pleased to Exclusively Offer For Sale the 9,400 SF Tranquille Resort Located at 834 Lower Bell Creek Road in Hiawassee, GA. This Deal Includes a Rare Opportunity to Own a Successful Boutique Resort Property With Multiple Dwellings, the Ability to Pick up Additional Sale Parcels and is a Short Distance From Atlanta, Chattanooga, and Greenville, SC, Providing For a Secured Investment.

In Cooperation With Sands Investment Group Atlanta, LLC - Lic. #67374 BoR: Andrew Ackerman - Lic. GA #311619

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $3,995,000
Price Per Room $570,714
Sale Type Investment
Cap Rate 12.06%
Property Type Hospitality
Property Subtype
Bed and Breakfast
  • Hospitality Hotel
Building Class B
Lot Size 2.57 AC
Building Size 9,400 SF
No. Rooms 7
No. Stories 1
Year Built 1994
Corridor Exterior

AMENITIES

  • High Speed Internet Access
  • Patio
  • Bed & Breakfast
  • Public Access Wifi
  • Fully-Equipped Kitchen
  • Multi-Room Suites

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 7 $144.00 -

ZONING

Zoning Code R
  • Listing ID: 32336618

  • Date on Market: 7/3/2024

  • Last Updated:

  • Address: 834 Lower Bell Creek Rd, Hiawassee, GA 30546