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Executive Summary
Unrestricted 5.39 Acres Overlooking Lake Chatuge – Income-Producing Gem! Endless potential and breathtaking views await! Perched above beautiful Lake Chatuge with stunning mountain vistas, this 5.39-acre unrestricted property offers lake access and a rare investment opportunity. Whether you're expanding a hospitality portfolio or launching your next venture, the options here are wide open. The property features a well-maintained 20-room motel, all recently renovated and tastefully decorated. Accommodations include:3 rooms with King beds 17 rooms with two Queen beds which 3 rooms are pet-friendly. with stylish luxury vinyl flooring. A spacious 1 bed / 1 bath apartment ideal for on-site management or additional rental income. Each room is thoughtfully appointed with updated bathrooms, new flooring, a desk, microwave, coffee maker, and sofa—perfect for a comfortable guest stay. But that’s not all—two mobile homes on-site generate $1,600/month in rental income, and the expansive grounds offer plenty of space to add more tiny homes or mobile units for additional revenue streams. This is once in a life time opportunity in one of the most scenic locations in the region.
Property Facts
| Price | $1,799,000 | Building Size | 8,793 SF |
| Price Per Room | $89,950 | No. Rooms | 20 |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1993 |
| Property Subtype | Hotel | Parking Ratio | 2.5/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 5.36 AC | ||
| Zoning | Comm - Commercial | ||
| Price | $1,799,000 |
| Price Per Room | $89,950 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 5.36 AC |
| Building Size | 8,793 SF |
| No. Rooms | 20 |
| No. Stories | 1 |
| Year Built | 1993 |
| Parking Ratio | 2.5/1,000 SF |
| Corridor | Exterior |
| Zoning | Comm - Commercial |
Amenities
- High Speed Internet Access
- Patio
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 20 | $130.00 | - |
Property Taxes
| Parcel Number | 557004-72-5821 | Improvements Assessment | $669,400 |
| Land Assessment | $369,500 | Total Assessment | $1,038,900 |
Property Taxes
Parcel Number
557004-72-5821
Land Assessment
$369,500
Improvements Assessment
$669,400
Total Assessment
$1,038,900
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Deerfield Inn | 40 Chatuge Ln
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