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19853 W Us 64, Murphy, NC 28906
- $389,000
- 7
- BD
- 16
- BA
- 2,408
- SqFt
- List Price
- $389,000
- Status
- ACTIVE
- MLS#
- 100591099
- Property Type
- Single Family Residence
- Bedrooms
- 7
- Full Baths
- 16
- Lot Size
- 20,038
- Year Built
- 1970
Property Description
Investment property opportunity 7 Room Motel with expansion and conversion opportunities. Located right on the Tennessee border, this operating motel offers immediate cash flow with exceptional upside for a boutique redesign or long term apartment conversion. The motel currently has 7 active fully operating guest rooms. Full size communal kitchen for guest use. Great for group bookings or long term stays. Designated office space for guest check in/out. Fully stocked laundry room with equipment. Great location and tourism draw, positioned at the crossroads of adventure on the NC, TN, and GA lines. This property taps directly into tourism in these areas. Whitewater rafting on the Ocoee River, Cherokee Valley River Casino in Murphy, Historic charm of the twin mountain towns of McCaysville GA and Copperhill TN. Short drive to the popular mountain town of Blue Ridge GA. Come view this property that has been a part of Murphy history since 1970.
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Additional Information
- Elementary School
- Ranger
- Middle School
- Hiwassee Dam
- High School
- Hiwassee Dam
- Foundation
- Slab
- Levels
- One
- Possession
- Close Of Escrow, At Closing
- County
- Cherokee
- Acres
- 0.46
- Heating
- Baseboard
- Utilities
- High Speed Internet
- Listing Courtesy Of
- Appalachian Land Company
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Listing courtesy of Listing Agent: Dennise Jackson () from Listing Office: Appalachian Land Company.
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