ENHOUZ™Business Marketplace
Hospitality · For Sale

637 US Highway 25N, Millen Active

4 views · 4 this week

Asking price
$700,000
Price / SF
—
Cap rate
—
Sale type
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Property type
Hospitality
Property subtype
HOTEL
Building class
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Building size
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Year built
1965
NOI
—
Tenancy
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Building height
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Building FAR
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Lot size
1.00 acres
Zoning
COM'L
Frontage
400 ft
Listing #
EN-43867
MLS #
10874739

Nestled on Main Street in Millien, Georgia, this charming independent hotel features 24 guest rooms, perfect for travelers seeking a cozy retreat. The property boasts ample parking, with spaces for 24 cars and two trucks, ensuring convenience for all guests. Accommodations include special amenities such as six pet-friendly rooms, catering to those traveling with furry companions, and ten designated smoking rooms for guests who prefer that option. The hotel maintains an impressive average occupancy rate of 65%, making it a lucrative opportunity for anyone looking to own a small, family-operated business. In addition, the property comes with comfortable manager's quarters, featuring three spacious bedrooms and two baths, allowing for convenient on-site management. The property features three beautifully renovated rooms, each meticulously updated to enhance both aesthetics and comfort. In addition, two brand new water heaters have been installed, ensuring efficient hot water access. The exterior has been fortified with a durable metal roof, added in 2015, offering both longevity and modern appeal. Financial opportunities for this property include owner financing as well as loan options, making it an accessible investment for prospective buyers.

Location

GAMLS
Listed by Virtual Properties Realty.com
© 2021 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. · MLS# 10874739

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