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Lola Animashaun

lolatherealtor@gmail.com +1(931) 225-9416

Listed by Dennise Jackson • Appalachian Land Co.

$ 389,000

Est. payment | -/mo

7 Beds

8 Baths

2,408 SqFt

Save

$ 389,000

Est. payment | -/mo

Save

7 Beds

8 Baths

2,408 SqFt

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

NEARBY SCHOOL & BUSINESS

19853 U.S. 64 Murphy, NC 28906