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2331 Highway 52 W

Dahlonega, GA 30533
  • $1,550,000
  • STATUS: Active
  • ON SITE: 146 Days
  • MLS #: 6984625
Price Reduced
UPDATED: 30 min ago
$1,550,000
  • 0
    BEDS
  • 5.8
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1968
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Profitable multi family on 10 acres, resort style layout, includes 2 motel buildings (restored in 2019-2020) a single family home and 2 cabins. Current use for motel is successful as short-term vacation rental business, Indian Hills Retro Inn, consisting of 11 suites plus common areas. Located just outside of Dahlonega, a popular destination in North Georgia. Everything, inside and out of has been completely and tastefully renovated. ST business successfully operating since July 2020, 4.9 star reviews. Income 50% increase in 2021 over 2020. The home is a maintained 2004 built 2 story home that has 2 long-term leases, upstairs and downstairs. There is also 1 cabin with LT lease and 1 cabin used as storage. Plenty of parking with over 25 spaces for the multiple buildings. Prime location for weddings (Dahlonega is the wedding capital of Georgia), 8 wineries in area, hiking and biking trails. Located close to Historic Dahlonega, a popular 'Hallmark town' attracting visitors for the history, the wineries, outdoor trails, 2000 acre Iron Mtn ATV park. Amicalola State Park attracts people from all around and only 10 miles down street. Property centered between Dahlonega and Amicalola Falls State Park. Guests come see all the wonders of Dahlonega from this nostalgic oasis. So much flexibility with this property.... keep business as the profitable ST and LT it is; convert all to LT or to ST; live in one and manage the rest; add dwellings; etc!

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First MLS logo Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2022 First Multiple Listing Service, Inc. Data last updated 2022-06-30T12:07:09.833. For issues regarding this website, please contact BoomTown.
www.northatlantahometeam.com/homes/125369705
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2331 Highway 52 W Dahlonega, GA 30533

  • Price: $1,550,000
  • Status: Active
  • On Site: 146 Days
  • Updated: 30 min ago
  • MLS #: 6984625
0
Beds
0
Baths
0
½ Baths
5.8
Acres
1968
Built
Neighborhood:
None
County:
Lumpkin
Area:
Lumpkin
Elementary School:
Lumpkin County
Middle School:
Lumpkin County
High School:
Lumpkin County
Property Description
Profitable multi family on 10 acres, resort style layout, includes 2 motel buildings (restored in 2019-2020) a single family home and 2 cabins. Current use for motel is successful as short-term vacation rental business, Indian Hills Retro Inn, consisting of 11 suites plus common areas. Located just outside of Dahlonega, a popular destination in North Georgia. Everything, inside and out of has been completely and tastefully renovated. ST business successfully operating since July 2020, 4.9 star reviews. Income 50% increase in 2021 over 2020. The home is a maintained 2004 built 2 story home that has 2 long-term leases, upstairs and downstairs. There is also 1 cabin with LT lease and 1 cabin used as storage. Plenty of parking with over 25 spaces for the multiple buildings. Prime location for weddings (Dahlonega is the wedding capital of Georgia), 8 wineries in area, hiking and biking trails. Located close to Historic Dahlonega, a popular 'Hallmark town' attracting visitors for the history, the wineries, outdoor trails, 2000 acre Iron Mtn ATV park. Amicalola State Park attracts people from all around and only 10 miles down street. Property centered between Dahlonega and Amicalola Falls State Park. Guests come see all the wonders of Dahlonega from this nostalgic oasis. So much flexibility with this property.... keep business as the profitable ST and LT it is; convert all to LT or to ST; live in one and manage the rest; add dwellings; etc!
Exterior Features

Construction Materials Brick 4 SidesVinyl Siding Dock None Fencing None Land Lot 0 Lot Features Mountain FrontageWooded Number Of Parking Spaces 9 Open Parking YN Yes Parking Features DrivewayParking Lot Roof Type MetalShingle Stories One View Mountain(S)Rural Waterfront Features None Window Features Insulated Windows

Interior Features

Cooling Ceiling Fan(S)Heat PumpOther Flooring Ceramic TileVinyl Furnished Furnished Heating Electric

Property Features

Accessibility Features None Community Features None Green Energy Efficient None Green Energy Generation None Lake Name None Lot Size Dimensions X Number Of Units Total 14 Occupant Type Tenant Owner Financing No Property Attached YN No Property Condition Resale School Bus Route Elementary Yes School Bus Route High Yes School Bus Route Middle Yes Security Features None Sewer Septic Tank Special Circumstances Owner/Agent Special Listing Conditions None Tax Year 2021 Taxes 2542 Type Other Utilities Electricity Available Water Source Well

Listing provided courtesy of Keller Williams Rlty, First Atlanta.


First MLS logo Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2022 First Multiple Listing Service, Inc. Data last updated 2022-06-30T12:07:09.833. For issues regarding this website, please contact BoomTown.
 
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