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Regency Inn — Hotel | Residential | Apts 3 Properties Offered at $1,400,000 in Toccoa, GA
Investment Highlights
- 1.54-acre value-add block fronting Hwy 123 — hotel and residential on a single parcel
- Extensively renovated in 2022 — new metal roofing, windows, doors, and gutters
- City of Toccoa has expressed support for residential redevelopment under new ownership — higher-end apartments, veterans, or senior housing
- 38 keys (34 rooms + 4 suites) + 7 residential units + 4 garages
- ~9.6% stabilized pro forma cap at $1,400,000; offered vacant (value-add)
- Hotel available separately at $800,000
Executive Summary
The Regency Inn is a value-add hospitality-and-residential block on a single 1.54-acre parcel fronting Georgia Highway 123 in Toccoa. The offering includes a 38-key motel (34 rooms + 4 suites), two single-family houses (3 BR/2 BA each), four apartments (one 2 BR/2 BA and three 1 BR/1 BA), a 2 BR/1 BA duplex, and four garages — all extensively renovated in 2022 with new metal roofing, windows, doors, and gutters.
The property is offered vacant as a repositioning. A new owner can re-establish income under a longer-term, professionally managed operating model, or pursue a residential redevelopment of the site. The City of Toccoa has expressed support for residential uses here under new ownership — including higher-end apartments, veterans housing, and senior living.
On stabilized, comp-based assumptions the property pro formas to approximately $134,000 of net operating income — about a 9.6% pro forma cap rate at the $1,400,000 asking price. In-place income is $0 (offered vacant); the 2022 renovations allow the asset to carry itself through entitlement and lease-up rather than sit idle. The hotel may be acquired on its own for $800,000.
The block sits minutes from downtown Toccoa, the Amtrak station, the Currahee Military Museum, and Toccoa Falls, with quick access to Hwy 17. Adjacent income-producing parcels at separate addresses are retained by ownership and are not part of this offering.
The property is offered vacant as a repositioning. A new owner can re-establish income under a longer-term, professionally managed operating model, or pursue a residential redevelopment of the site. The City of Toccoa has expressed support for residential uses here under new ownership — including higher-end apartments, veterans housing, and senior living.
On stabilized, comp-based assumptions the property pro formas to approximately $134,000 of net operating income — about a 9.6% pro forma cap rate at the $1,400,000 asking price. In-place income is $0 (offered vacant); the 2022 renovations allow the asset to carry itself through entitlement and lease-up rather than sit idle. The hotel may be acquired on its own for $800,000.
The block sits minutes from downtown Toccoa, the Amtrak station, the Currahee Military Museum, and Toccoa Falls, with quick access to Hwy 17. Adjacent income-producing parcels at separate addresses are retained by ownership and are not part of this offering.
Data Room Click Here to Access
Taxes & Operating Expenses (Pro Forma - 2027) Click Here to Access |
Annual |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$99,999
|
| Taxes |
-
|
| Operating Expenses |
-
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Pro Forma - 2027) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Taxes | |
|---|---|
| Annual | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
Property Facts
| Price | $1,400,000 | Number of Properties | 3 |
| Price / SF | $93.64 / SF | Individually For Sale | 0 |
| Cap Rate | 9.61% | Total Building Size | 14,951 SF |
| Sale Type | Investment | Total Land Area | 1.87 AC |
| Status | Active |
| Price | $1,400,000 |
| Price / SF | $93.64 / SF |
| Cap Rate | 9.61% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 14,951 SF |
| Total Land Area | 1.87 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Regency Inn
70 Felton Dr, Toccoa, GA 30577 |
Hospitality | 10,000 SF | 1953 | - |
| 435 W Currahee St, Toccoa, GA 30577 | Multifamily | 4,000 SF | 1949 | - |
| 428 W Franklin St, Toccoa, GA 30577 | Multifamily | 951 SF | 1930 | - |
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Regency Inn — Hotel | Residential | Apts