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    3158 Martha Berry Highway NE Rome, GA 30165

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    Claim this Listing
    For Sale
    Under Contract
    $750,000

    MULTI_FAMILY - Rome, GA

    Lot size:
    1.08 Acres
    Added:
    Jan 8, 2026
    Days on Market:
    114
    Last Refresh:
    May 2 at 6:06 pm

    Property Features for 3158 Martha Berry Highway NE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking
    9
    Parking features
    Parking Lot
    Fencing
    Chain Link
    Standard status
    Active Under Contract
    APN
    J11Y 187
    Lot size
    1.08 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    6506

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Other (Heating), Electric (Heating)
    Cooling system
    Window Unit(s), Wall Unit(s)
    Water source
    Public

    Building Details

    Year built
    1952
    Floors in Building
    1
    Number of units
    1
    Building materials
    Block
    Roof type
    Metal

    We can help!

    Listing Contact
    Hersh Shah

    Listing agent Hersh Shah License #396080

    Listing office Keller Williams Realty Intown ATL 621 North Ave NE Suite-C50, Atlanta, GA

    Listing date Jan 8, 2026

    MLS# 7701196 Listing URL

    Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    High-Visibility Motel Investment Opportunity

    This extended-stay motel investment, situated on a high-visibility section of Martha Berry Highway, offers a compelling opportunity for buyers seeking in-place cash flow with significant value-add potential. The property is located on 1.08 acres of commercially zoned land and features multiple income-producing units and excess land, providing flexibility for continued operations, renovation, or repositioning. The asset has been operated long-term as an extended-stay property with consistent demand driven by its location, accessibility, and limited nearby competition. A new owner can choose to stabilize and improve operations, renovate units to increase rents, or explore alternative strategies aligned with local demand and zoning. This is a rare opportunity to acquire a flexible commercial asset with current income, upside potential, and favorable terms in a growing North Georgia market. The property is located in Rome, Floyd County, Georgia.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pine Crest Motel Hotel & Motel

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Saga Inn — 3189 Martha Berry Hwy, Rome, GA 30165
    • Budget Inn — 3005 Martha Berry Hwy, Rome, GA 30165
    • Pine Crest Motel — 3158 Martha Berry Hwy, Rome, GA 30165
    • Fairfield Inn & Suites Rome — 90 Match Point Way NE, Rome, GA 30165
    • Fairfield Inn & Suites by Marriott Rome — 90 Match Point Way NE, Rome, GA 30165

    Location Insight

    • Map
    • Local Demand
    City
    Rome
    County
    Floyd
    State
    Georgia
    Longitude
    -85.17135
    Latitude
    34.31261

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    FAQs

    What type of property is this?
    Motel - Extended-stay motel with income and value-add potential on 1.08 acres.
    Where is this motel located?
    The property is located at 3158 Martha Berry Highway NE Rome, GA.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: In‑place cash flow with value‑add upside potential.; Seller financing available with a down payment as low as 25%.; High‑visibility location on Martha Berry Highway.
    (404) 541-3500
    We can help!
    Listing Contact
    Hersh Shah
    Real Estate License ID: 396080
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    3158 Martha Berry Highway NE, Rome, GA 30165

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