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834 Lower Bell Creek Rd Hiawassee, GA 30546

Sponsored
For Sale
$4,950,000

Profitable Mountain Resort: 7 Cabins, High Occupancy

Property size:
9,400 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
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.

Property Features for 834 Lower Bell Creek Rd

General Information

Property type
Retail properties
Square Feet
9,400 SF
Lot Size
111,949 SF

Building Details

Year Built
1994
Buildings
7

HighLights

  • Exceptional boutique resort opportunity with multiple dwelling units and potential for land expansion.
  • Lake Chatuge waterfront location nestled in the Blue Ridge Mountains.
  • Convenient proximity to Atlanta, Chattanooga, and Greenville, SC.
Property Profile Location Intelligence

Current Use by Public Records

Amelia's Cafe Coffee Shop Tranquille Resort Hotel Tranquille Resort Resort Hotel

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Auto Repair Shop Hair Salon Nail Salon Auto Parts Store Hotel & Motel

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

Location Insight

  • Map
  • Local Demand
City
Hiawassee
County
Towns
State
Georgia
Longitude
-83.7406988
Latitude
34.9735172

FAQs

What type of property is this?
Retail property - Profitable Mountain Resort: 7 Cabins, High Occupancy
Where is this retail property located?
The property is located at 834 Lower Bell Creek Rd Hiawassee, GA.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: Exceptional boutique resort opportunity with multiple dwelling units and potential for land expansion.; Lake Chatuge waterfront location nestled in the Blue Ridge Mountains.; Convenient proximity to Atlanta, Chattanooga, and Greenville, SC.
More about this property
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