If I had $2,750,000 I’d scoop up this sweet upscale boutique hotel, located downtown in a hot North Georgia community.
The property offers up 14 renovated rooms, plus an event and catering facility onsite. If you ever wanted to grab a business with real estate – serving weddings, wine tours and the like – here’s your opportunity.
The location is walking distance to the area college, as well as retail and nearby restaurants. Toss in another $500k to purchase the vehicle fleet, which then delivers nearly a 10% return on the total investment.
New to the CRE market, it won’t last long.
– Steve Massell, Massell Commercial Real Estate