Blood Mountain Cabins
Blairsville, GA
Offered for sale at $1,200,000
Price Improvement! HUGE earning potential in PRIME location. Here is your chance to work and live in the beautiful Georgia Mountains! Amazing opportunity to own a historic business located right next to the Appalachian Trail and borders National Forest. This investment includes 13 cabins plus one lot with septic already in place, ready for that 14th cabin.The main house is over 5000+ Square feet with two upper levels. Would be a great hotel, hostel, living quarters or additional rentals. Property could be separated and an HOA could be set up. Main building has general store and large laundry room. Also, a huge storage space and possible work shop in the basement. With some landscaping, this property has wonderful views and guests can enjoy the creek. Get out of the hustle and bustle and run your own mountain retreat. Updating deed in progress.
Financial Details- Offered for sale at $1,200,000
- Occupancy Rate: 48%
- Average Daily Rate: $97.42
- Annual revenue is $221,035
- Terms: Net Operating Income Adjusted: $65,725.00
Gross Revenue Multiplier:
8.14
- Prequalify for Financing
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