834 Lower Bell Creek RdHiawassee, GA 30546

  • Retail properties
  • 9,400 SF
For Sale
$4,950,000 View listing

Property Details for 834 Lower Bell Creek Rd

Year built
1994
Lot size
2.57 AC
Property size (Sq ft)
9,400 SF
Property type
Retail properties
Property subtype
Other retail properties

Description

Exceptional investment opportunity awaits with the Tranquille Resort, a thriving 9,400 square foot retail property nestled on 2.57 acres in Hiawassee, Georgia. This unique property, built in 1994 and extensively renovated in October 2022, boasts seven individual cabins, a café, a private dock, and a convenient boat ramp. Located at 834 Lower Bell Creek Rd, 30546, this established business enjoys a prime location on Lake Chatuge, surrounded by the breathtaking Blue Ridge Mountains. Currently operating at 95% occupancy, the resort generates a strong net operating income (NOI) of $500,000, representing a compelling 10% capitalization rate on the $4,950,000 asking price. Its proximity to major cities like Atlanta, Chattanooga, and Greenville, SC, ensures consistent high demand. The Tranquille Resort presents a rare chance to acquire a successful, established business with significant potential for future growth, capitalizing on the increasing popularity of short-term rentals. The property offers the added benefit of potential expansion with the possibility of acquiring additional adjacent parcels. This is a truly exceptional opportunity to own a piece of the beautiful Georgia mountain landscape and a highly profitable business.

834 Lower Bell Creek Rd, Hiawassee, Georgia

Location Insight

City
Hiawassee
County
Towns
State
Georgia
Latitude
34.9735
Longitude
-83.7407

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