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Veronica Jones

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

$ 5,700,000

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 Commercial,Hotel/Motel

Listing Status Active

Purchase Type For Sale

MLS Listing ID 10558917

HOA Y/N No

Year Built 1986

Annual Tax Amount $65,281

Tax Year 2024

Lot Size 3.900 Acres

Acres 3.9

Lot Dimensions 3.9

Property Sub-Type Commercial,Hotel/Motel

Source Georgia MLS 2

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 significantly boost its profitability. Don't let this chance to invest in a versatile and strategically located asset pass you by!

Location

State GA

County Cobb

Zoning TS

Interior

Heating Central, Electric

Cooling Central Air

Flooring Carpet, Hardwood, Other, Stone

Fireplace No

Exterior

Parking Features Parking Lot

Garage Spaces 162.0

Fence Fenced

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

View Y/N No

Roof Type Tile

Total Parking Spaces 162

Garage No

Private Pool No

Building

Lot Description Level

Faces Please use GPS

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction No

Others

Tax ID 18059200050

Special Listing Condition Resale

Veronica Jones

Associate Broker

+1(404) 957-9693