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Additional details
Listed by Dennise Jackson • Appalachian Land Co.
$389,000
Est. payment /mo
7 Beds
8 Baths
2,408 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,408 sqft
Price per Sqft $161
MLS Listing ID 3337405
Bedrooms 7
Full Baths 8
HOA Y/N No
Year Built 1985
Annual Tax Amount $1,204
Lot Size 0.460 Acres
Acres 0.46
Property Sub-Type Single Family Residence
Property Description
Investment property opportunity 7 Room Motel with expansion and conversion potential. Located right on the Tennessee border, this operating motel offers immediate cash flow with exceptional upside for a boutique redesign or long term apartment conversion. The motel currently has 7 active fully operating guest rooms. Full size communal kitchen for guest use. Great for group bookings or long term stays. Designated office space for guest check in/out. Fully stocked laundry room with equipment. Great location and tourism draw, positioned at the crossroads of adventure on the NC, TN, and GA lines. This property taps directly into tourism in these areas. Whitewater rafting on the Ocoee River, Cherokee Valley River Casino in Murphy, Historic charm of the twin mountain towns of McCaysville GA and Copperhill TN. Short drive to the popular mountain town of Blue Ridge GA. Come view this property that has been a part of Murphy history since 1970.
Location
State NC
County Cherokee County
Interior
Heating Other
Cooling Wall/Window Unit(s)
Flooring Carpet, Tile
Fireplace N
Appliance Electric Range, Dryer, Washer, Refrigerator, Microwave
Exterior
View Y/N false
Roof Type Shingle
Private Pool false
Building
Lot Description Level
Story 1
Sewer Septic Tank
Water Well
Structure Type Brick,Other
New Construction false
Others
Senior Community false
Special Listing Condition Standard
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