159 back pine wayEllijay, GA 30536

Description

Have you ever dreamed of owning your own Airbnb community? Great investment opportunity. 8 two bedroom cabins on 7 + acres in Ellijay. Currently the cabins are being rented long term but short term rentals are allowable. The cabins have all been recently remodeled and have new metal roofs. Tank less hot water heaters and ac/heat wall units. 7 of the 8 cabins are rented for $1550 per month. The 8th cabin currently is the home of the grounds keeper. 6 % CAP rate is based on 8th cabin being rented at $1550. All on their own septic and are on a community well. There is an old horse barn on the property that can be renovated and used to bring in additional income. Community fishing pond. Perfect opportunity to own your own Airbnb community in the north Georgia Mountains. This unique villa tract is located just off 515, 5 minutes from downtown Ellijay. Listing agent is related to seller. OWNER FINANCING AVAILABLE.