This stunning 6,668 sq ft Greek Revival inn, built in 1906, is situated on a 1.04-acre lot in downtown Senoia, GA. The property features ten spacious bedrooms, each with a private bathroom, a commercial-grade kitchen, and expansive gathering rooms accommodating up to 30 guests for intimate events, or up to 150 for larger gatherings. The inn boasts beautifully restored interiors, including Georgia heart pine floors and ornate tin ceilings, a serene garden, and a koi pond. Recently renovated, the inn offers significant potential for growth and development. An adjacent lot is approved for multifamily development, presenting further investment opportunities. The property's prime location is within walking distance of Main Street's shops and restaurants. The current owner is open to partnership arrangements or leasing the property as an inn or event venue. This is a unique opportunity to acquire a historic landmark with substantial income potential.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$1,246,750
6.5%
$1,150,847
7%
$1,068,643
Comparable approach
Method
Valuation
Relative Method
$3,277,664
Geo Method
$3,277,664
Alternative Use
Use
Valuation
Residential
$970,782
Hospitality
$889,231
Educational
$739,830
Medical
$765,274
Retail
$1,150,847
Location Insight
City
Senoia
County
Coweta
State
Georgia
Latitude
33.3015
Longitude
-84.553
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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