441 Mull Rd - Hospitality FOR SALE


Hiawassee, GA 30546
$895,000 USD
404-229-8848
441 Mull Rd, Hiawassee, GA for Sale
$895,000 USD
Hospitality - FOR SALE
1/53
null | 14% Cap Rate

441 Mull Rd
Hiawassee, GA 30546


HIGHLIGHTS

  • Mountain Views
  • Turnkey Bed & Breakfast
  • Endless Outdoor Adventures
  • Projected Nightly Rate: $175/room
  • Main House: 4 beds, 3 baths, dry sauna, hot tub & Apartment (attached): 1 bed, 1 bath, kitchen and laundry
  • Cabin (detached): 2 beds, 2.5 baths, kitchen and laundry

OVERVIEW

Nestled on 2.12 serene acres in the heart of the North Georgia Mountains, this 5,334 sq. ft. bed and breakfast offers the perfect combination of investment opportunity, natural beauty, and room to grow. Just minutes from Lake Chatuge, Brasstown Bald, Young Harris College, and the Georgia Mountain Fairgrounds, guests have endless activities at their fingertips. From boating, kayaking, and fishing to hiking, chasing waterfalls, camping, and exploring the Appalachian Mountains. For even more charm, the Bavarian-style village of Helen, GA is only a 30-minute scenic drive south. The property includes a main house with 4 bedrooms, 3 baths, a dry sauna, and hot tub, currently a nightly rental at $159 per night with year-round mountain views and repeat guests. An attached apartment features 1 bedroom, 1 bath, a full kitchen, and laundry, currently leased at $1,175 per month for steady long-term income. A detached cabin offers 2 bedrooms, 2.5 baths, a full kitchen, and laundry, currently leased at $1,500 per month with tremendous future short-term rental potential. Should you desire, both of these rentals can be changed back to nightly room rentals! Over $325K in renovations have transformed this property inside and out. The main home, guest house, and apartment received extensive updates including new roofs, plumbing, electrical upgrades, flooring, fixtures, windows, and fresh paint throughout. Kitchens and baths were modernized with new vanities, appliances, and granite countertops, while outdoor improvements include new balconies, retaining walls, fencing, landscaping, and French drains for enhanced curb appeal and functionality. With 7 bedrooms and 6.5 baths across three unique living spaces, this property already generates impressive rental income property with a projected 10.68 CAP rate while providing ample acreage for future growth! Think additional cabins, event space, or expanded B&B amenities to maximize your future returns. Whether you’re looking to run a turnkey mountain retreat, expand into a thriving hospitality business, or create a family compound with income potential, this property delivers endless possibilities. The Hidden Valley Bed & Breakfast consists of 2 structures: Total of 5,334 sq. ft. The main house with an attached apartment totaling 4,270 sq. ft. Detached two-story house of 1,064 sq. ft. Property has operated as Hidden Valley Bed and Breakfast through the entirety of Seller's ownership. Sold furnished and as-is. - Main House: 4 bedrooms, 3 full bathrooms, spa with hot tub and dry sauna. With a current nightly rate for is $159/bedroom - 1 bed attached apartment with full kitchen and 1 full bathroom. Rented out with traditional 1 year lease; current lease end date of 2/26/2026. Current monthly rate is $1175. - 2 bed cabin with 2 full bathrooms. Rented out with traditional 1 year lease; current lease end date 5/21/2026. Current monthly rental rate is $1500 Projected Gross Income: $171,062.00 (renting all 7 rooms across entire property; no leases) Projected Gross Income: $129,531.25 (renting all 4 rooms in main house while maintaining current leased income)

FOR SALE DETAILS

PRICE

$895,000 USD

PRICE/SF

$168 USD /SF

# OF ROOMS

7

PRICE/ROOM

$127,857 {currency}

CAP RATE

14%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hidden Valley Bed & Breakfast

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

Hotel

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1978

PARKING SPACES

10

LAND DETAILS

LAND ACRES

1.99 AC

LAND SF

86,781 SF

ZONING

-

APN/PARCEL ID

0028B-046

ASK ABOUT THIS PROPERTY

Jackson StoutKELLER WILLIAMS RLTY-PTREE RDMore Info
404-229-8848

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Jackson StoutKELLER WILLIAMS RLTY-PTREE RDMore Info
404-229-8848

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