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 type

Retail properties & Spaces

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.

Location Insight

City

Hiawassee

County

Towns

State

Georgia

Longitude

-83.7407

Latitude

34.9735