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19853 W. Us 64

Murphy, NC 28906

About this property

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

About this property

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

Features and Additional Information

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$389,000 Active
7 Bed(s)
16
 Baths
2,408 sqft
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Presented By Michelle Rabon

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Get in touch today! Phone: 1-843-222-9580
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Appalachian Land Company
1-828-837-9199
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Area Information

| Cherokee County |

$ 389,000
This listing is play_arrow 2.4% higher than the average in the area
$ 379,900 in the area
2,408 SqFt
This listing is play_arrow 54.8% larger than the average in the area
1,556 SqFt in the area
$ 162 $/SqFt
This listing is play_arrow 34.1% less than the average in the area
$ 245 $/SqFt in the area
108 days on site
This listing is play_arrow 300.0% above the average in the area
27 days on site in the area

Schools in the Area

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    Elementary School
    Ranger
  • turned_in
    Middle School
    Hiwassee Dam
  • turned_in
    High School
    Hiwassee Dam

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Listed By Dennise Jackson
Brokerage: Appalachian Land Company

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