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Veronica Jones

veronica.jones@evatlanta.com +1(404) 957-9693

$ 5,400,000

Est. payment -/mo

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Active

7377 Cityview DR Austell, GA 30168

3.9 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

MLS Listing ID 7610880

Construction Status Resale

HOA Y/N No

Year Built 1986

Annual Tax Amount $65,281

Tax Year 2024

Lot Size 3.900 Acres

Acres 3.9

Property Sub-Type Business

Source First Multiple Listing Service

Property Description

Price REDUCED below appraisal value, income-producing. Uncover an extraordinary investment opportunity in a highly sought-after location, positioned directly across from the iconic Six Flags amusement park and surrounded by several prominent warehouses. This well-established motel features an inviting array of 106 comfortable rooms, each designed to provide guests with a restful retreat. The property is topped with a newly installed tile roof, which not only enhances its visual appeal but also promises long-lasting durability. Conveniently located right at the exit of Interstate 20, this property boasts ample parking spaces, making it easily accessible for both guests and visitors. Additionally, the motel is equipped with essential amenities, including a conference room, laundry facilities, vending machines, and an ATM, catering to the diverse needs of its patrons. What sets this property apart is its unique potential for transformation into apartments, presenting an exciting opportunity to boost its profitability significantly. Don't let this chance to invest in a versatile and strategically located asset pass you by!

Location

State GA

County Cobb

Zoning TS

Lake Name None

Rooms

Other Rooms Storage - Other

Basement None

Interior

Interior Features High Ceilings 10 or Greater, Living Space Available, Restrooms, Other

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air

Flooring Carpet, Hardwood, Stone, Other

Equipment None

Window Features Aluminum Frames,Insulated Windows

Exterior

Parking Features Parking Lot

Fence Fenced

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Waterfront Description None

View Y/N Yes

View City

Roof Type Tile

Street Surface Asphalt

Accessibility Accessible Approach with Ramp, Accessible Bedroom

Handicap Access Accessible Approach with Ramp, Accessible Bedroom

Total Parking Spaces 162

Private Pool false

Building

Lot Description Free Standing, Level

Story Three Or More

Foundation Brick/Mortar, Slab

Level or Stories Three Or More

Structure Type Brick,Brick 3 Sides

Construction Status Resale

Others

Senior Community no

Tax ID 18059200050

Listed by Virtual Properties Realty.com

Veronica Jones

Associate Broker

+1(404) 957-9693