3573 GA-356 Hwy - Multi-Family FOR SALE


Sautee Nacoochee, GA 30571
$599,000 USD
706-623-8186
3573 GA-356 Hwy, Sautee Nacoochee, GA for Sale
$599,000 USD
Multi-Family - FOR SALE
1/65
null | Request Cap Rate

3573 GA-356 Hwy
Sautee Nacoochee, GA 30571


HIGHLIGHTS

  • Flexible Zoning
  • Scenic Highway Frontage
  • Convenient to Area Attractions

OVERVIEW

4-Unit Motel in the N. GA Mountains Welcome to The Lost Compass, a charming creekside motel nestled in the heart of North Georgia's wilderness between Lake Burton and the Alpine town of Helen, the third most visited city in the state after Atlanta and Savannah. This unique 4-room property offers a rare blend of rustic character, modern amenities, and flexible zoning that opens the door to a variety of investment opportunities, from short-term rentals to multi-unit housing or boutique motel operations. Set on 1.3 acres with frontage along scenic Highway 356, the property is zoned R3, allowing for hotel/motel use of up to 15 rooms, giving an ambitious buyer ample room to expand. Each of the four existing rooms is thoughtfully designed with dramatic vaulted pine ceilings, a full bathroom, and a kitchenette. Guests can enjoy a private covered porch that looks out onto the peaceful surrounding forest. The two end-unit rooms feature cozy in-room fireplaces and king-sized beds for an intimate retreat, while the two interior rooms are outfitted with double queen beds, making them perfect for larger groups. The property offers a wide front patio that welcomes guests upon arrival and a separate creekside deck where they can unwind beside the gentle flow of water. Ample parking is available for visitors, and the property's location provides easy access to nearby outdoor destinations, including Unicoi State Park, Anna Ruby Falls, the Chattahoochee National Forest, and the shores of Lake Burton. Downtown Helen, with its Bavarian architecture, festivals, and vibrant tourism scene, is just minutes away. The Lost Compass offers unmatched potential in one of Georgia’s hottest vacation markets. Don’t miss your chance to capture bookings from the steady stream of visitors drawn to this region for its hiking, wineries, lakes, seasonal events, and unforgettable mountain charm.

FOR SALE DETAILS

PRICE

$599,000 USD

PRICE/SF

$520 USD /SF

# OF UNITS

4

PRICE/UNIT

$149,750

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Lost Compass

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.3 AC

LAND SF

56,628 SF

ZONING

R3

APN/PARCEL ID

055 060

ASK ABOUT THIS PROPERTY

Tracy KrohnKeller Williams ElevateMore Info
706-623-8186

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Tracy KrohnKeller Williams ElevateMore Info
706-623-8186

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