0 Blue Arrow Rd - Residential Income FOR SALE


Cherry Log, GA 30522
$699,000 USD
954-487-9954
0 Blue Arrow Rd, Cherry Log, GA for Sale
$699,000 USD
Residential Income - FOR SALE
1/8
null | 14.91% Cap Rate

0 Blue Arrow Rd
Cherry Log, GA 30522


HIGHLIGHTS

  • Proven income-producing short-term rental
  • Approximately 12 acres of private land
  • Legally grandfathered STR use
  • Off-grid infrastructure including solar and private water
  • Limited seller financing available

OVERVIEW

The math: At $699K ask, approximately $389K represents the assessed land and asset value, independent of any income. The remaining $310K acquires a proven, grandfathered glamping STR generating $104K+ NOI annually. Business payback in roughly 3 years, with hard assets held throughout. One of Fannin County's last legally operating dome STRs, grandfathered prior to the April 2024 ordinance that effectively ended new dome construction in the county. This operating right is protected and cannot be replicated. $120K gross rental income. $104K+ NOI. ~14.9% cap rate on $699K ask. Expense load under $21K annually. Financials available upon proof of funds. 12 private acres. Fully furnished. Off-grid solar and private water. Low overhead, high margin. Year-round operation. Limited seller financing available to qualified buyers. Proof of funds required prior to scheduling a showing.

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$777 USD /SF

CAP RATE

14.91%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Glamping Dome STR $104K NOI $389K Hard Asset

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

ADD'L SUBTYPES

Hotel, undefined

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

12 AC

LAND SF

522,720 SF

ZONING

Unincorporated Fannin

APN/PARCEL ID

3144-002

ASK ABOUT THIS PROPERTY

Vivian JohnsonGeorgiaDomesMore Info
954-487-9954

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Vivian JohnsonGeorgiaDomesMore Info
954-487-9954

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.