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7675 Ushwy 76 E, Hiawassee, GA 30546

7675 Ushwy 76 E, Hiawassee, GA 30546

8 beds 3 baths 3,248 Sqft

262 days on Market

$925,000

Credit Back up to $18,500*
$284.79/sf

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Description:

Active   -  Business for sale

For Sale: Unique Hostel Opportunity - "Around The Bend Hostel and Outfitters" Location: Nestled just 0.6 miles west of Dicks Creek Gap on the Appalachian Trail, this charming property offers an exceptional location in Hiawassee, GA, within walking distance of the scenic Appalachian Trail. Ideal for nature lovers and hiking enthusiasts seeking a serene retreat. Description: "Hostel Around The Bend" is not only a well-established lodging facility but also a fully equipped outfitters store. This unique property serves a vibrant community of hikers and outdoor adventurers by providing lodging, an on-site store, and ample parking. Acclaim: Proudly ranked #4 out of all hostels on the Appalachian Trail for two consecutive years, demonstrating consistent excellence in hospitality and guest satisfaction. Facilities: Lodging: Comfortable and well-maintained accommodations designed to meet the needs of every traveler, whether hiking on the trail or stopping by on a weekend getaway. Outfitters Store: A lucrative on-site store stocked with high-end brands like Zpacks, Hyperlite, Enlightened Equipment, and Topo Atheletic shoes. A one-stop shop for all hiking gear, shoes, and apparel needs. Additional Amenities: High-speed Wi-Fi, ample parking, and easy access to local attractions. The property is fully furnished, including shuttle vehicles, making it completely turnkey. Financials and Investment Opportunity: This property offers a strong investment opportunity with a solid revenue stream from both lodging and retail operations. Perfect for buyers looking to capitalize on the booming outdoor and adventure travel market. The hostel is being offered at a 10% Cap Rate. Asking Price: $925,000 Buyers agent fee negotiable.

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Facts and features:

Status: Active

Listed Date: 05/03/2024

Days On Market: 262

Lot Size (Acres): 1.89

Lot Size (Square Feet): 82328.4

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Credit Back

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$18.5K Credit Back*

*Estimated beycome credit amount varies by closing price, commission offered and is not available in certain areas or where prohibited by law.

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-hiawassee-for-sale-7675 ushwy 76 e, hiawassee, ga 30546-16476079

 

 

 

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