DUAL BRANDED HOTEL 102unit Cleveland TN 2 Hospitality Properties Offered at $5,150,000 in Cleveland, TN

North Georgia Commercial Opportunity with Excellent Accessibility & Growth Potential
Discover an outstanding commercial real estate opportunity at 2595 Georgetown Rd., Cleveland, GA, strategically positioned in one of Northeast Georgia’s fastest-growing markets. This versatile property offers exceptional potential for a variety of commercial, office, retail, service, industrial, or investment uses, making it an attractive option for owner-users and investors alike.
Located just minutes from downtown Cleveland and major transportation routes, the property provides convenient access to Gainesville, Helen, Dahlonega, and surrounding North Georgia communities. The area continues to experience strong residential growth, tourism-driven economic activity, and business expansion, creating a favorable environment for long-term success.
Whether you're seeking a location to establish or expand your business, develop a commercial operation, or add a high-potential asset to your investment portfolio, 2595 Georgetown Rd. offers the visibility, accessibility, and market presence needed to capitalize on the region’s continued growth. The property's strategic location within White County places it near major employers, retail destinations, and recreational attractions that draw visitors and residents year-round
OWNER FINANCING AVAILABLE: CASH SALE WILL GIVE SIGNIFICANT DISCOUNT!
This 102-unit Dual-Flag property is located on the main exit from I-75 to downtown Cleveland Tennessee.
Out of the 102 units 53 units operate as the Rodeway Inn.
49 units have kitchenettes and operate as Suburban Suites.
We have a quote to complete all of the remaining units to have kitchenettes.
Totally Renovated in 2023.
Roof is TPO replaced 2019 Building 2 and 3. Roof is metal replaced 2019 on Building 1
Four additional revenue sources: 1) Restaurant rental $54,000 is under lease 2) Plus $42,000 in utilities from tenant 3) Billboard rental from on property $5,000 per year and 4) Meeting Room revenue is $18,000 annual.
Property sits on 2.8 level acres
Built in 1969 - Masonry construction– non-combustible.
Zoned commercial
Building One –
• Lobby and offices
• Full-Service Restaurant - Seats 90
• Full-Service Commercial Kitchen
• Two Meeting Rooms on second floor with Service Bar
• Restaurant is Leased at $4,500/Month
Building Two –
• 40 units are 12 X 25
• 10 units are 12 X 20
• Plus, one three-room apartment
• All new electrical outlets, switches and LED lighting
• Second floor includes two – two-room apartments
• Upstairs apartments have a back door
Building Three –
• 49 all newly renovated units
• ALL ROOMS ARE KITCHETTES
• 9 units are 12 X 20 with connector doors
• 38 units are 12 X 25
• One unit is an up and downstairs apartment
• One unit is a vending/laundry room
• All new electrical outlets, switches and LED lighting