Historical Hotel & Motel Sale Listing - EXECUTIVE INN

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EXECUTIVE INN

1446 N HIGHWAY 41, Calhoun, GA 30701

N/A

45 Rooms | Hotel & Motel

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Hotel / Motel - Off Market

Price:
N/A
No. Rooms:
45
Building Size:
16,820 SF
Property Type:
Hotel & Motel
Property Sub-type:
Economy/ Limited Service
Property Use Type:
Investment
Commission Split:
4%
Corridor:
Exterior
Lot Size:
1.09 AC
APN / Parcel ID:
041 B 009
Listing ID
18080535
Last Updated
243 days ago

Description

AUGUST APPRAISAL RECEIVED MARKET VALUE IS $425,000.00(ONLY $9,444.00 PER ROOM. THE PRICE IS UNDER THE GORDON COUNTY TAX APPRAISAL!!! THE EXECUTIVE INN HAS 45 ROOMS. FORMERLY A SUPER 8 FRANCHISED PROPERTY. PROPERTY IS A GOOD OVERNITE STOP FOR POINTS SOUTH OR NORTH (ONE HOUR NORTH OF ATLANTA AND 45 MINUTES FROM CHATTANOOGA, TN.) OR AN EXTENDED STAY. THERE IS A POOL WHICH WOULD NEED REPAIR. THIS PROPERTY IS 2 STORIES OF THE 45 ROOMS THERE IS ONE ROOM FOR THE MANAGER'S APARTMENT EASY ACCESS TO FRONT DESK, 2 ROOMS FOR EMPLOYERS AND 2 ROOMS FOR STORAGE WITH 40 ROOMS TO RENT. HOWEVER THESE 5 ROOMS CAN BE INADDITION TO THE 40 DEPENDING UPON THE USAGE THE INVESTOR OR BUYER DECIDES ON. THE CHUCK WAGON RESTAURANT ADJACENT TO BUT NOT OWNED BY THE SELLER OF THIS PROPERTY.
SELLER IS RETIRING, WILL CONSIDER ANYOFFERS. FOR MORE INFORMATION GO TO
THERE ARE SEVERAL FRANCISES THAT THE NEW OWNER CAN CONSIDER.

**NOTE** THE LIST PRICE IS WAY BELOW THE 2009 APPRAISAL SHOWING A MARKET VALUE OF $750,000.00.

SEVERAL GAS STATIONS, DUNKIN DONUTS, WENDY'S AND HARDEES.
NOT FAR FROM THE CALHOUN SHOPPING OUTLET CENTER. EVERYTHING CONVENIENTLY LOCATED RIGHT OFF I-75 (EXIT 318).
LARGE PARKING LOT, CAN ACCOMODATE TRUCKS(HESS TRUCK STOP ON THIS EXIT.

Map of 1446 N HIGHWAY 41, Calhoun, GA 30701 (Gordon County)

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