834 Lower Bell Creek Rd Hiawassee, GA 30546

Property Details for 834 Lower Bell Creek Rd

Year built

1994

Lot size

2.57 lot acres

Property size

9,400 SF

Property type

Retail properties

Description

Exceptional investment opportunity awaits with the Tranquille Resort, a thriving 9,400 square foot retail property nestled on 2.57 acres in Hiawassee, Georgia. This unique property, built in 1994 and extensively renovated in October 2022, boasts seven individual cabins, a café, a private dock, and a convenient boat ramp. Located at 834 Lower Bell Creek Rd, 30546, this established business enjoys a prime location on Lake Chatuge, surrounded by the breathtaking Blue Ridge Mountains. Currently operating at 95% occupancy, the resort generates a strong net operating income (NOI) of $500,000, representing a compelling 10% capitalization rate on the $4,950,000 asking price. Its proximity to major cities like Atlanta, Chattanooga, and Greenville, SC, ensures consistent high demand. The Tranquille Resort presents a rare chance to acquire a successful, established business with significant potential for future growth, capitalizing on the increasing popularity of short-term rentals. The property offers the added benefit of potential expansion with the possibility of acquiring additional adjacent parcels. This is a truly exceptional opportunity to own a piece of the beautiful Georgia mountain landscape and a highly profitable business.