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32021224
32021223

5730 Georgia 356, Sautee Nacoochee, GA 30571 For Sale

KC
GA 453397GA
$2,200,000
84 days on market
Updated 2 days ago

5730 Georgia 356

Details
APN 068 176, 068 181
Property Type Multifamily, Hospitality (+1)
Sub Type Single Family Rental Portfolio, RV Park (+1)
Units 2
Beds 12
Occupancy 35%
Pro-Forma Cap Rate 7.70%
Pro-Forma NOI $169,500
Year Built 1992
Year Renovated 2006, 2010, 2012, 2016, 2020, 2022
Buildings 7
Stories 2
Acreage 18.360
Zoning R3, R1
Parking Spaces 2 per unit
Investment Type Value Add
Ground Lease No
Sale Condition N/A

Turnkey RV Park & Cabin Rental Business in Great Location

Marketing description

Great location and huge potential to build up and expand the existing business, add a new venue for outdoor adventures or weddings, or create the multi-family retreat you've dreamed of. This established reputable RV resort and cabin rental business offers nearly endless potential in one of Georgia's fastest-growing outdoor recreational corridors. This beautiful property is strategically located near the Chattahoochee-Oconee National Forest and three state parks, and popular Helen, GA. Five well-maintained cabins, 16 RV sites, a 3000 sq ft multipurpose building, and 1200 sq ft bath house with laundry and 20x20 flex room reside on 18.36 acres. RV park has paved roads and level concrete pads. Business has numerous five-star reviews from TripAdvisor and has received 100% county tourist inspection reports every year for the past 22 years and running.

Investment highlights

Well-maintained RV resort and cabin rental business with 5-star TripAdvisor reviews offers significant upside in one of Georgia’s fastest-growing outdoor recreational corridors. Currently scaled back by the owners, this prime property provides excellent potential to rebuild and expand the current business.

Local lender willing to finance 65% with in-house underwriting & portfolio loan (non SBA). Inquire for more details.

Listing Contacts

KC
GA 453397GA

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Additional Information

Name
Doug Hosmer
License
305120
Brokerage
REMAX Five Star
Title
Broker of Record
Brokerage Address
200 Foothills Pkwy Marble Hill GA
Name
Kymberly Car
License
453397GA
Brokerage
REMAX Five Star
Brokerage Phone
770-893-2400
Title
Sales Professional
Brokerage Address
200 Foothills Parkway
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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