1105 Martha Berry Blvd, Rome, GA 30165
28 Room Hotel | Rome, GA 30165 | $3,000,000 ($107,143/Room) | 7.67% Cap Rate
For Sale
Active
Asking Price $3,000,000
- Property Type
-
Hospitality
- Square Feet
- 15,000 SF
Listing Contacts
Rodney Stewart
Property 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.
Property Details
- Class
- C
- Year Built
- 1988
- Stories
- 2
- Property Subtype
- Hotel
- Lot Size (sq. ft)
- 57,064 SF
- Units
- 28
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.
Nearby Properties
Similar Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].