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Bank Controlled Property in Ducktown, TN for only $399,000. It is a commercial lot located at the corner of Hwy 64 and Hwy 68 in the city of Ducktown. It has excellent visibility from the westbound lanes of Hwy 64. Very close to Ocoee River Rafting. It is located on Georgia Tennessee Border. Hour and half from Atlanta.
Room Revenue: $100,400
True Total Profit for Owner/Operator: $56,260
Appraised Value is $648,000
38 Rentable Rooms.
It has separate sales office, manager's suite in addition to the 38 rooms.
New Metal Roof.
The property is a brick and masonry three story hotel constructed in 1970.
Recently Renovated with microwave and compact refrigerator in each room.
It has a basement laundry room with commercial washers and dryers.
Huge Outdoor 20' x 40' Swimming Pool.
Buy it for less than you buy for a house
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