19853 W Us Hwy 64, Murphy, NC 28906

$389,000
7
BD
8
BA

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List Price
$389,000
MLS#
434587
Bedrooms
7
Full-baths
8
Acres
0.46
Year Built
1970

Property Description

Investment property opportunity 7 Room Motel with expansion and conversion potential. 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

Style
Ranch
Short Term Rental
Yes
View
Trees/Woods
Roof
Shingle, Metal
Construction
Concrete, Brick, Stucco
Appliances
Refrigerator, Range, Oven, Washer, Dryer, Electric Water Heater
Basement
None
Cooling
Window Unit(s)
Heating
Electric
Water
Well
Sewer
Septic Tank

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Appalachian Land Company.