1105 Martha Berry Blvd NE - Hospitality FOR SALE
Rome, GA 30165 |
1105 Martha Berry Blvd NE
Rome, GA 30165
HIGHLIGHTS
- Heavy traffic corridor on 4 lane going into historic downtown located in the center of the medical community.
- Double tax incentives (TAD-Tax Allocation District) & Federal Opportunity Zone (See Links)
- Hyundai is buidling a 5 electric battery plant & will employ 3,500 in 2025. Growth is about to explode in Rome and Cartersville!.
- Microsoft is investing $1 billion dollar investment in Rome for a Data Campus on 350 acres. Property value will accelerate with new development
- Q-Cell is investing 2.5 billion in the area.
OVERVIEW
The city has designated this corridor as a part of the TAD or tax allocation district which means they are giving great tax incentives for investors to make improvements in this area and it is also a part of the Federal Opportunity Zone. Development is happening all around this area so the value of this property will be going up as a result of these developments and this makes it a prime location for investors and developers. This property has great access to downtown and the medical community.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Seven Hills Inn
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
15000
STORIES
2
ROOM ENTRANCE
Exterior
BUILDING CLASS
C
YEAR BUILT
1988
PARKING SPACES
37
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
C3C1
APN/PARCEL ID
J13Y-244,J13Y-247,J13Y-248
