178 Five Points Drive, Copperhill, TN 37317
sale
$2,950,000
|
Other
Courtesy Of REMAX Mountain Properties - The Nicholson Group
The Mallard Hotel | Copperhill, TN (Blue Ridge Corridor near the Ocoee River) Investment Opportunity with Proven Track Record. Discover a turnkey, income-producing property with strong demand and flexible operating options. The Mallard Hotel is a 42-room building with 35 rentable keys,offering a proven hospitality history over several years and a compelling multifamily conversion opportunity for investors. This property features a combination of nightly guest rooms, furnished extended-stay rooms, and rooms being positioned for unfurnished monthly rental.Major renovations were completed in 2023 making this property updated,refreshed,and ready for continued income generation. Every guest room is climate controlled, including select rooms with kitchenettes. A large basement area supports the property's laundry operations, helping streamline day-to-day functionality. Seven rooms have been converted into common areas, enhancing usability and flexibility to include a Lobby, fitness room, game room , & guest laundry. Prime Location - This is a high visibility location and high traffic area located near the Ocoee River, providing strong draw from outdoor recreation and year-round travelers. It's also convenient to regional attractions and communities such as The Cherokee National Forest, Blue Ridge,Ga,Harrahs Casino, and the"sister cities" of Copperhill,TN and McCaysville,Ga ....with a beautiful view of Big Frog Mountain! Whether you continue operating as a hospitality-focused property, transition to a longer-term furnished/extended-stay model, or pursue a monthly unfurnished rental strategy, The Mallard offers multiple paths to revenue. With a layout supporting flexible use-and a structure already proven in operation-this is an opportunity designed for rewarding income.See Attached flyer for more detailed information! basement, outdoor fire pit & grilling area
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Property Features
- Age: Over 50 Years Old
- MLSID: 436953
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