235 Cedric St Leesburg, GA 31763-4952
This stunning, nearly 4,400-square-foot historic property in Leesburg, GA, sits on a 0.97-acre lot near Liberty Expressway. Currently operating as a successful, fully furnished temporary housing facility with four well-appointed suites, each with amenities including private or shared bathrooms, in-room laundry (in Suites 1 & 2), and a fully equipped shared kitchen. All suites feature smart TVs, mini-fridges, coffee makers, and microwaves. High-speed commercial-grade internet, linens, towels, and utilities are included. The property boasts secure coded entry, outdoor cameras, free on-site parking, a cozy living area with a large-screen TV, and an outdoor patio. Its prime location offers easy access to restaurants, shopping, and recreational amenities. The property's versatility presents a unique opportunity for various uses, including a bed and breakfast, office or retail space, or an event venue. This turnkey operation is ready for a new owner to step in and continue its success or explore new ventures. Priced at $690,000.
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Southern Premier Suites Hotel & Motel Vacation Rental
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
COMMERCIAL · Leesburg, GACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.