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205 Highway 11 5,160 SF Specialty Building Offered at $800,000 at a 8% Cap Rate in Rising Fawn, GA 30738
INVESTMENT HIGHLIGHTS
- Access to HWY-11
- Event Hall
- Investment opportunity
EXECUTIVE SUMMARY
The Rising Fawn Event Center is a newly renovated event space in the Heart of Rising Fawn. Just south of Downtown Trenton, GA this property offers tons of indoor and outdoor space with a ton of room to add on. Featuring wide open square footage, 90 parking spaces, and much more. The event space is currently rented on a case-by-case basis for $4,000 per booking. Just 30 minutes from downtown Chattanooga, this event space has so much potential, the opportunities are endless. The property is fully set up with His and her bathrooms with 3 stalls per bath. There is also a large dressing room with a half bathroom attached. There is a large kitchen and a huge 43 by 43 outdoor patio space.
PROPERTY FACTS
| Price | $800,000 | Building Class | A |
| Price Per SF | $155.04 | Lot Size | 1.97 AC |
| Sale Type | Investment | Building Size | 5,160 SF |
| Cap Rate | 8% | No. Stories | 1 |
| Property Type | Specialty | Year Built/Renovated | 1990/2022 |
| Property Subtype | Lodge/Meeting Hall | Parking Ratio | 9.69/1,000 SF |
| Price | $800,000 |
| Price Per SF | $155.04 |
| Sale Type | Investment |
| Cap Rate | 8% |
| Property Type | Specialty |
| Property Subtype | Lodge/Meeting Hall |
| Building Class | A |
| Lot Size | 1.97 AC |
| Building Size | 5,160 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1990/2022 |
| Parking Ratio | 9.69/1,000 SF |
AMENITIES
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
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PROPERTY TAXES
| Parcel Number | 022-00-037-02 | Improvements Assessment | $290,000 |
| Land Assessment | $6,520 | Total Assessment | $296,520 |
PROPERTY TAXES
Parcel Number
022-00-037-02
Land Assessment
$6,520
Improvements Assessment
$290,000
Total Assessment
$296,520
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205 Highway 11
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