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Alpine River Suites 892 Edelweiss Strasse 8 Room Hotel Helen, GA 30545 $1,700,000 ($212,500/Room)



INVESTMENT HIGHLIGHTS
- 8 units
EXECUTIVE SUMMARY
Your Attention Please! HERE is your exceptional opportunity to own a unique property in downtown Helen. This building has 8 units, each with 1 BR and 1 BA, presently being offered as Short Term Rental properties in this popular tourist area. Each one has a fully equipped kitchen, a comfortable living area, a bedroom with ensuite bathroom and an inviting covered porch overlooking the Chattahoochee River. Tasteful furnishings and carefully themed decorations are included. The past year has seen many recent upgrades including NEW roof, NEWLY paved parking areas, NEW exterior paint, NEWLY updated kitchens including many new appliances and MORE! Each unit has individual private access. Impressive rental history will be provided to prequalified buyers only.
PROPERTY FACTS
| Price | $1,700,000 | Building Size | 8,748 SF |
| Price Per Room | $212,500 | No. Rooms | 8 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1975/2007 |
| Property Subtype | Hotel | Parking Ratio | 1.42/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 0.26 AC | ||
| Zoning | R4 - Hotel/Condominiums | ||
| Price | $1,700,000 |
| Price Per Room | $212,500 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 8,748 SF |
| No. Rooms | 8 |
| No. Stories | 2 |
| Year Built/Renovated | 1975/2007 |
| Parking Ratio | 1.42/1,000 SF |
| Corridor | Interior |
| Zoning | R4 - Hotel/Condominiums |
AMENITIES
- Balcony
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 8 | $155.00 | - |
PROPERTY TAXES
| Parcel Number | H04C-211 | Improvements Assessment | $587,540 |
| Land Assessment | $58,000 | Total Assessment | $645,540 |
PROPERTY TAXES
Parcel Number
H04C-211
Land Assessment
$58,000
Improvements Assessment
$587,540
Total Assessment
$645,540
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Presented by
Fourth Mountain Real Estate
Alpine River Suites | 892 Edelweiss Strasse
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