Property summary
This exceptional investment opportunity in Helen, Georgia presents 202 Narr Weg, Building A, a meticulously maintained 2021-built property. The 4,800 square foot building boasts four fully furnished short-term vacation rentals, each featuring a bedroom, bathroom, full kitchen, in-unit laundry, and private balcony. These units are designed for optimal guest comfort and convenience, complete with tasteful décor and two large TVs in each. The ground floor houses two commercial units currently leased to a well-established restaurant, providing a stable income stream. This restaurant benefits from the building's prime location, just steps from Helen's bustling town square, ensuring high foot traffic. The property is 100% occupied and offers a NNN lease type. The building's modern construction and excellent condition minimize maintenance concerns, making this a truly turnkey investment. The adjacent Building B is also available for purchase, presenting a unique opportunity to expand your investment and maximize returns. This property is ideally positioned to capitalize on Helen's thriving tourism industry, offering a compelling blend of residential and commercial income streams. The asking price is $1,500,000.
Property profile
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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