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    OFF-MARKET
    Hospitality properties

    454 Trilby St, Wrightsville, GA 31096

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    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a profitable motel and adjacent land parcel in Wrightsville, Georgia. The property, encompassing 454 and 466 West Trilby Street, includes a 14-room motel with a currently non-operational convenience store or liquor store space. The motel boasts a new roof and underwent significant renovations in 2022. The existing motel enjoys strong weekly customer loyalty, averaging 7-8 occupied rooms weekly over the past seven years, generating monthly revenue between $11,000 and $13,000, peaking at over $13,000 during summer months and never falling below $9,000 in winter. Monthly expenses, inclusive of all bills and insurance, total approximately $4,000. This presents a significant opportunity to increase revenue by reactivating the convenience store or liquor store. Furthermore, an additional 0.5 acres of land at 304 West Trilby Street is included, offering the potential to expand the motel by 15-20 rooms. The property has been under current ownership for 2-3 years, with no liens, legal issues, or history of serious crime. A 50% down payment is preferred, but negotiations are welcome. Financial details are available upon request. This is the only motel in Wrightsville, making it a unique and highly desirable investment.

    Property profile
    Verified
    Property type Hospitality properties
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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