19853 U.S. 64, Murphy, NC 28906

$389,000
7
BD
8
BA
2,408
SqFt

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List Price
$389,000
Status
ACTIVE
MLS#
3337405
Days on Market
39
Bedrooms
7
Bathrooms
8
Full Bathrooms
8
Living Area
2,408
Lot Size
20,037
Acres
0.46
County
Cherokee County

Property Description

Investment property opportunity 7 Room Motel with expansion and conversion potential. 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.

Additional Information

Basement Description
None
Bedrooms Main
7
Construction Type
Brick, Other
Cooling System
Wall/Window Unit(s)
Floor Types
Carpet, Tile
Heating System
Other
Living Area
2,408
Lot Description
Level
Number Of Stories
1
Patio Deck
Patio
Roofing Material
Shingle
Sewer System
Septic Tank
Style
Other
Subtype
Single Family Residence
Tax Amount
$1,204
Water Source
Well
Year Built
1985
Style
Other
Type
Single Family Residential

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Listing courtesy of Appalachian Land Co..

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