70 Felton Drive, Toccoa St,

Invest in this city block boasting diverse income-generating properties, recently renovated to include a 38-room motel, 4 suites, 6 apartments, and 4 houses. The owner's house offers potential conversion into versatile spaces like dormitory-style housing for students or seniors. This complex could potentially yield over $300,000 in cash flow, boasting an impressive 9.34% Cap Rate. Renovations cover essential upgrades like a new metal roof, doors, windows, gutters, as well as ongoing work on flooring, electrical, plumbing, and paint. 

Strategically positioned facing Hwy 123 and near Hwy 17, it's within a 5-minute reach of North Georgia Christian College and Toccoa Falls. Just 1 minute from the Amtrak station and the Army Museum, 5 miles from the convention center, and a convenient 30-minute drive from Helen, GA

Motel ($1,500,000) and multi-family properties may be subdivided and sold separately.

Note - If you show up at the property without the Listing Agent, you will be disqualified from all negotiations.

• Own a whole city block with a hotel and other income-producing properties
• Properties recently appraised for $2,500,000
• 14% Pro forma Cap Rate
• Easy conversion to dormitory-style housing or senior living
• North Georgia Christian College 2 miles away
• $1M in renovations over the past year
• Great location facing Hwy 123 and close to Hwy 17
• One minute from Amtrak station
• Motel and multi-family properties may be subdivided and sold separately