15702 Highway 197 N - Hospitality FOR SALE


Clarkesville, GA 30523
$725,000 USD
706-212-0228
15702 Highway 197 N, Clarkesville, GA for Sale
$725,000 USD
Hospitality - FOR SALE
1/20
null | Request Cap Rate

15702 Highway 197 N
Clarkesville, GA 30523


HIGHLIGHTS

  • 5 cozy rooms each with its own character
  • Commercial kitchen with indoor/outdoor dining spaces
  • Located only minutes to Lake Burton

OVERVIEW

The North 40 Lodge Bed & Breakfast is located in the Northernmost part of Habersham only 2 minutes from Lake Burton. Each of the 4 rooms with front entrances and back porches and full baths offer up character and charm and are used as Vacation or short term rentals. The Lodge also offers up a fully functioning restaurant with a full bar and professional kitchen. The cozy back deck offers up additional seating for the restaurant or Lodge visitors. In addition there is a 1 BR/1BA Authentic log cabin on the property also used as a Vacation rental. Rental income well over $100,000 for rentals last Year plus restaurant income. There is a large shop/storage building that could easily be converted to office space or rooms to rent. Owner financing available!

FOR SALE DETAILS

PRICE

$725,000 USD

PRICE/SF

$242 USD /SF

# OF ROOMS

5

PRICE/ROOM

$145,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

North 40 Lodge & Cabin

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1979

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.37 AC

LAND SF

277,477 SF

ZONING

LI

APN/PARCEL ID

032-050

ASK ABOUT THIS PROPERTY

Jennifer KyleHarry Norman REALTORS Luxury Lake and MountainMore Info
706-212-0228

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Jennifer KyleHarry Norman REALTORS Luxury Lake and MountainMore Info
706-212-0228

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