1311 E King Ave - Hospitality CONDO FOR SALE


Kingsland, GA 31548
$69,900 USD
770-495-5050
1311 E King Ave, Kingsland, GA for Sale
$69,900 USD
Hospitality CONDO - FOR SALE
1/16
null | 8% Cap Rate

1311 E King Ave
Kingsland, GA 31548


OVERVIEW

This hotel condo conversion is a unique investment opportunity where a condominium building operates like a hotel, and multiple investors own individual units within the property. As an investor, you can purchase one room or several rooms, depending on your interest. The key benefit of this model is that all units share equally in the hotel’s profits, meaning the location of your unit within the building doesn’t affect your return on investment (ROI). This setup allows you to enjoy the benefits of hotel ownership without the hassle of day-to-day management. A professional management company is hired to oversee all operations, ensuring that the hotel runs smoothly and profitably. Guests receive a full hotel experience, while investors enjoy a steady income stream from their investment. All units are currently undergoing a complete renovation and are being pre-sold now. The developer's purchase contract will be provided. Call 770-873-5585 or text or email me for more information.

FOR SALE DETAILS

PRICE

$69,900 USD

PRICE/SF

$216 USD /SF

CAP RATE

8%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

One Way Hotel Kingsland

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

24,429 SF

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.2 AC

LAND SF

139,392 SF

ZONING

002

APN/PARCEL ID

107 001A

ASK ABOUT THIS PROPERTY

Chris AlexanderVirtual Properties RealtyMore Info
770-495-5050

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Chris AlexanderVirtual Properties RealtyMore Info
770-495-5050

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.