Profitable multi family on 5.8 acres, completely restored in 2020. Indian Hills was a 1960's roadside motel that was just fully restored to the feel of the '60's. It has been a hit with guests rave and gets rave reviews. Consists of 7 suites plus common area with kitchen/dining/living and 2 decks. Has short-term licensing. Located just outside of Dahlonega, a popular destination in N Georgia. Everything inside and out of has been completely and tastefully renovated, down from the studs. Vacation rental business licensed with Lumpkin County, successfully operating since July 2020, 4.9 star reviews. Income 50% increase in 2021 over 2020. Potential for additional suites in terrace level and land to add more buildings if desired. Plenty of parking with over 15 spaces. Prime location, centered between Dahlonega and Amicalola State Park, for weddings (Dahlonega is the wedding capital of Georgia), 8 wineries in area, hiking and biking trails. Historic Dahlonega is a popular 'Hallmark town' attracting visitors for the history, the wineries, outdoor trails, 2000 acre Iron Mtn ATV park. Guests come see all the wonders of Dahlonega from this nostalgic oasis. What a great way to get into the profitable short term business,easily with 12% cap potential! Current wedding bookings for all suites already on calendar through April 2023. Take over the current website, bookings, furnishings, linens, etc. Training available. Want to live on site? No problem, a suite already set up for owner occupied if you choose. Also for sale is the parcel across the street (4 more restored retro suites and 3 long term rentals) at $675k FMLS #7119114 Must have a lender's pre approval or proof of cash at time of contract. Listing agent is part owner of the property.
For ADA assistance, please email firstname.lastname@example.org. If you experience difficulty in accessing any part of this website, email us, and we will work with you to provide the information you seek through an alternate communication method.