19853 W Us 64, Murphy, NC 28906

$389,000
7
BD
16
BA
2,408
SqFt

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List Price
$389,000
Status
ACTIVE
Days on Market
65
MLS#
100591099
Subtype
Residential
Year Built
1970
Bedrooms
7
Bathrooms
16
Full Baths
8
Half Baths
8
Living Area
2,408
Lot Size
20,038
Acres
0.46

Property Description

Investment property opportunity 7 Room Motel with expansion and conversion opportunities. Located right on the Tennessee border, this operating motel offers immediate cash flow with exceptional upside for a boutique redesign or long term apartment conversion. The motel currently has 7 active fully operating guest rooms. Full size communal kitchen for guest use. Great for group bookings or long term stays. Designated office space for guest check in/out. Fully stocked laundry room with equipment. Great location and tourism draw, positioned at the crossroads of adventure on the NC, TN, and GA lines. This property taps directly into tourism in these areas. Whitewater rafting on the Ocoee River, Cherokee Valley River Casino in Murphy, Historic charm of the twin mountain towns of McCaysville GA and Copperhill TN. Short drive to the popular mountain town of Blue Ridge GA. Come view this property that has been a part of Murphy history since 1970.

Additional Information

Heating
Baseboard
Air Conditioning
Window/Wall
Levels
One
Roof
Metal, Shingle
Foundation
Slab
Parking Features
Additional Parking, Unpaved
Elementary School
Ranger
Middle School
Hiwassee Dam
High School
Hiwassee Dam

Courtesy of Appalachian Land Company

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Calculator source: Real Geeks