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3573 GA-356 Hwy - The Lost Compass 4 Unit Apartment Building Offered at $549,000 Sautee Nacoochee, GA 30571
INVESTMENT HIGHLIGHTS
- Flexible Zoning
- Convenient to Area Attractions
- Scenic Highway Frontage
EXECUTIVE SUMMARY
4-Unit Motel in the N. GA Mountains!
Welcome to The Lost Compass, a charming creekside motel nestled in the heart of North Georgia's wilderness between Lake Burton and the Alpine town of Helen, the third most visited city in the state after Atlanta and Savannah.
This unique 4-room property offers a rare blend of rustic character, modern amenities, and flexible zoning that opens the door to a variety of investment opportunities, from short-term rentals to multi-unit housing or boutique motel operations. Set on 1.3 acres with frontage along scenic Highway 356, the property is zoned R3, allowing for hotel/motel use of up to 15 rooms, giving an ambitious buyer ample room to expand.
Each of the four existing rooms is thoughtfully designed with dramatic vaulted pine ceilings, a full bathroom, and a kitchenette. Guests can enjoy a private covered porch that looks out onto the peaceful surrounding forest. The two end-unit rooms feature cozy in-room fireplaces and king-sized beds for an intimate retreat, while the two interior rooms are outfitted with double queen beds, making them perfect for larger groups.
The property offers a wide front patio that welcomes guests upon arrival and a separate creekside deck where they can unwind beside the gentle flow of water. Ample parking is available for visitors, and the property's location provides easy access to nearby outdoor destinations, including Unicoi State Park, Anna Ruby Falls, the Chattahoochee National Forest, and the shores of Lake Burton. Downtown Helen, with its Bavarian architecture, festivals, and vibrant tourism scene, is just minutes away.
The Lost Compass offers unmatched potential in one of Georgia’s hottest vacation markets. Don’t miss your chance to capture bookings from the steady stream of visitors drawn to this region for its hiking, wineries, lakes, seasonal events, and unforgettable mountain charm.
Welcome to The Lost Compass, a charming creekside motel nestled in the heart of North Georgia's wilderness between Lake Burton and the Alpine town of Helen, the third most visited city in the state after Atlanta and Savannah.
This unique 4-room property offers a rare blend of rustic character, modern amenities, and flexible zoning that opens the door to a variety of investment opportunities, from short-term rentals to multi-unit housing or boutique motel operations. Set on 1.3 acres with frontage along scenic Highway 356, the property is zoned R3, allowing for hotel/motel use of up to 15 rooms, giving an ambitious buyer ample room to expand.
Each of the four existing rooms is thoughtfully designed with dramatic vaulted pine ceilings, a full bathroom, and a kitchenette. Guests can enjoy a private covered porch that looks out onto the peaceful surrounding forest. The two end-unit rooms feature cozy in-room fireplaces and king-sized beds for an intimate retreat, while the two interior rooms are outfitted with double queen beds, making them perfect for larger groups.
The property offers a wide front patio that welcomes guests upon arrival and a separate creekside deck where they can unwind beside the gentle flow of water. Ample parking is available for visitors, and the property's location provides easy access to nearby outdoor destinations, including Unicoi State Park, Anna Ruby Falls, the Chattahoochee National Forest, and the shores of Lake Burton. Downtown Helen, with its Bavarian architecture, festivals, and vibrant tourism scene, is just minutes away.
The Lost Compass offers unmatched potential in one of Georgia’s hottest vacation markets. Don’t miss your chance to capture bookings from the steady stream of visitors drawn to this region for its hiking, wineries, lakes, seasonal events, and unforgettable mountain charm.
DATA ROOM Click Here to Access
PROPERTY FACTS Under Contract
| Price | $549,000 | Lot Size | 1.30 AC |
| Price Per Unit | $137,250 | Building Size | 1,152 SF |
| Sale Type | Investment | No. Stories | 1 |
| No. Units | 4 | Year Built | 1984 |
| Property Type | Multifamily | ||
| Zoning | R3 | ||
| Price | $549,000 |
| Price Per Unit | $137,250 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Lot Size | 1.30 AC |
| Building Size | 1,152 SF |
| No. Stories | 1 |
| Year Built | 1984 |
| Zoning | R3 |
AMENITIES
SITE AMENITIES
- Furnished Units Available
- Wheelchair Accessible
- Wi-Fi
- Fiber Optic Internet
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+4 | 4 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 055-060 | Improvements Assessment | $17,268 |
| Land Assessment | $24,572 | Total Assessment | $41,840 |
PROPERTY TAXES
Parcel Number
055-060
Land Assessment
$24,572
Improvements Assessment
$17,268
Total Assessment
$41,840
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3573 GA-356 Hwy - The Lost Compass
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