584 Pine Grove Access Rd
Ringgold, GA 30736
Cloud Springs Lodge · Hospitality Property For Sale
·
108 Rooms
Property Facts
| Property Type | Hospitality | Building Size | 40,400 SF |
| Property Subtype | Hotel | No. Rooms | 108 |
| Building Class | C | No. Stories | 2 |
| Lot Size | 6.02 AC | Year Built/Renovated | 1972/2023 |
| Construction Status | Converted | Corridor | Exterior |
| Zoning | c | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 6.02 AC |
| Construction Status | Converted |
| Building Size | 40,400 SF |
| No. Rooms | 108 |
| No. Stories | 2 |
| Year Built/Renovated | 1972/2023 |
| Corridor | Exterior |
| Zoning | c |
Amenities
- Balcony
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
About 584 PINE GROVE ACCESS RD , RINGGOLD, GA 30736
This 6-acre site sits adjacent to Interstate 75 just south of the Tennessee Border adjacent to the Cloud Springs Road Exit. This exit also hosts Costco, Cabela’s, shops, restaurants, and convenience stores. In addition to pulling travelers off of I-75, Cloud Springs road is key to local commuter traffic. The property faces northbound traffic on I-75. Currently, Cloud Springs Lodge, an extended stay motel, operates on the property with an outdoor, in ground pool. Owner reports net operating income at 7.5% capitalization rate at list price. Development opportunities include new hotel development, travel center or truck stop, fast casual restaurants, grocery store, shopping center, multi family, or some combination. Additional land, approximately 2 acres, might also be purchased from separate owner.
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 108 | $87.00 | - |
Property Taxes
| Parcel Number | 0020A-015 | Improvements Assessment | $2,363,148 |
| Land Assessment | $76,852 | Total Assessment | $2,440,000 |
Property Taxes
