2331 Highway 52 W Dahlonega GA 30533

2331 Highway 52 W Dahlonega GA 30533

Overview

Type:

Acreage: 5.8

Sq. Ft.: 0

Beds: 0

Baths: 0

Price: $1,500,000

County: Lumpkin - GA

Status: Active

Description

Profitable multi family on 10 acres, resort style layout, includes 2 motel buildings (restored in 2019-2020) a single family home and 2 cabins. Current use for motel is successful as short-term vacation rental business, Indian Hills Retro Inn, consisting of 11 suites plus common areas. Located just outside of Dahlonega, a popular destination in North Georgia. Everything, inside and out of has been completely and tastefully renovated. ST business successfully operating since July 2020, 4.9 star reviews. Income 50% increase in 2021 over 2020. The home is a maintained 2004 built 2 story home that has 2 long-term leases, upstairs and downstairs. There is also 1 cabin with LT lease and 1 cabin used as storage. Plenty of parking with over 25 spaces for the multiple buildings. Prime location for weddings (Dahlonega is the wedding capital of Georgia), 8 wineries in area, hiking and biking trails. Located close to Historic Dahlonega, a popular 'Hallmark town' attracting visitors for the history, the wineries, outdoor trails, 2000 acre Iron Mtn ATV park. Amicalola State Park attracts people from all around and only 10 miles down street. Property centered between Dahlonega and Amicalola Falls State Park. Guests come see all the wonders of Dahlonega from this nostalgic oasis. So much flexibility with this property.... keep business as the profitable ST and LT it is; convert all to LT or to ST; live in one and manage the rest; add dwellings; etc!

Agent Details

Sandy Geisel

404-456-4766

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