$925,000 $285/sf Earn $18,500
$925,000
Credit Back up to $18,500*
$284.79/sf
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.
* School data provided by National Center for Education Statistics, and GreatSchools. Intended for reference only. The GreatSchools Rating is based on a variety of school quality indicators, including test scores, college readiness, and equity data. To verify enrollment eligibility, contact the school or district directly.
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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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