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Own a City Block, Hotel, Apts, Houses
Toccoa, GA

$2,300,000 USD

Portfolio For Sale • 14,951 SF

3 Properties View all

Property Details

Property Type Unknown
Cap Rate 8.93 %

0 Transit Score

31 Walk Score

                
                    Highlights
                
                                Own a whole city block with a hotel and other income-producing properties.
                            
                                9.34% Cap Rate/15.34% Pro forma
                            
                                Renovated in 2022!
                            
                                Easy conversion to dormitory-style housing/Senior Living
                            
                                Motel ($1,300,000) and multi-family properties may be subdivided and sold separately
                            
                                Great location facing Hwy 123 and close to Hwy 17

Financial Summary (Actual)

Net Operating Income: $205,577 USD (2022)

Cap Rate:	8.93 %
Total Expenses:	$169,156 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
Toccoa Amtrak Station (Crescent - Amtrak)	1 min	10 min	0.5 mi

Christian Swann Christian Swann Group

Own a City Block, Hotel, Apts, Houses Toccoa, GA