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North 40 Lodge & Cabin 15702 Highway 197 N

5 Room Bed and Breakfast Clarkesville, GA 30523 £577,970 (£115,594/Room)

Investment Highlights

  • 5 cozy rooms each with its own character
  • Located only minutes to Lake Burton
  • Commercial kitchen with indoor/outdoor dining spaces

Executive Summary

The North 40 Lodge Bed & Breakfast is located in the Northernmost part of Habersham only 2 minutes from Lake Burton. Each of the 4
rooms with front entrances and back porches and full baths offer up character and charm and are used as Vacation or short term rentals.
The Lodge also offers up a fully functioning restaurant with a full bar and professional kitchen. The cozy back deck offers up additional
seating for the restaurant or Lodge visitors. In addition there is a 1 BR/1BA Authentic log cabin on the property also used as a Vacation
rental. Rental income well over $100,000 for rentals last Year plus restaurant income. There is a large shop/storage building that could easily be converted to office space or rooms to rent. Owner financing available!

Property Facts

Price £577,970
Price Per Room £115,594
Sale Type Investment
Property Type Hospitality
Property Subtype Bed and Breakfast
Building Class C
Lot Size 6.37 AC
Building Size 3,000 SF
No. Rooms 5
Number of Floors 1
Year Built 1979
Corridor Exterior

Amenities

  • Bed & Breakfast

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 5 £119.58 -

zoning

Zoning Code LI (Light Industrial)
LI (Light Industrial)
  • Listing ID: 32084270

  • Date on Market: 10/06/2024

  • Last Updated:

  • Address: 15702 Highway 197 N, Clarkesville, GA 30523

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