140 Calvendar Rd Turtletown, TN 37391
This exceptional 1990-built motel in Turtletown, Tennessee, presents a unique investment opportunity. Situated on a sprawling 6.11-acre lot, the property boasts two private ponds, perfect for relaxation or fishing. The 1,986 square foot building offers three beds and is priced at $384,500, or $196.22 per square foot. Its location in the heart of the mountains provides easy access to the Tri-State area of Georgia, Tennessee, and North Carolina, offering a wealth of outdoor recreational opportunities. Nearby attractions include the Ocoee and Hiwassee Rivers, renowned for whitewater rafting and trout fishing, as well as over 32 hiking trails and waterfalls. This turnkey property is currently for sale by owner and presents potential for both personal enjoyment and rental income, making it an ideal escape from city life while offering a strong return on investment. The property is conveniently located at 140 Calvendar Road, Turtletown, TN 37391. This is a rare chance to own a piece of mountain paradise with established potential for revenue generation. The property is classified as a hospitality investment, suitable for an owner/user.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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