178 Five Points Drive, Copperhill, TN 37317

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List Price
$2,950,000
Status
ACTIVE
Days on Market
2
MLS#
436953
Subtype
Commercial Sale
Year Built
1970
Living Area
15,210
Lot Size
60,984
Acres
1.40
MLS Area Major
Ar 1 Polk

Property Description

The Mallard Hotel | Copperhill, TN (Blue Ridge Corridor near the Ocoee River) Investment Opportunity with Proven Track Record. Discover a turnkey, income-producing property with strong demand and flexible operating options. The Mallard Hotel is a 42-room building with 35 rentable keys,offering a proven hospitality history over several years and a compelling multifamily conversion opportunity for investors. This property features a combination of nightly guest rooms, furnished extended-stay rooms, and rooms being positioned for unfurnished monthly rental.Major renovations were completed in 2023 making this property updated,refreshed,and ready for continued income generation. Every guest room is climate controlled, including select rooms with kitchenettes. A large basement area supports the property's laundry operations, helping streamline day-to-day functionality. Seven rooms have been converted into common areas, enhancing usability and flexibility to include a Lobby, fitness room, game room , & guest laundry. Prime Location - This is a high visibility location and high traffic area located near the Ocoee River, providing strong draw from outdoor recreation and year-round travelers. It's also convenient to regional attractions and communities such as The Cherokee National Forest, Blue Ridge,Ga,Harrahs Casino, and the"sister cities" of Copperhill,TN and McCaysville,Ga ....with a beautiful view of Big Frog Mountain! Whether you continue operating as a hospitality-focused property, transition to a longer-term furnished/extended-stay model, or pursue a monthly unfurnished rental strategy, The Mallard offers multiple paths to revenue. With a layout supporting flexible use—and a structure already proven in operation—this is an opportunity designed for rewarding income.See Attached flyer for more detailed information! basement, outdoor fire pit & grilling area

Additional Information

Flooring
Concrete, Tile, Luxury Vinyl
Heating
Mini-Split
Air Conditioning
Wall Unit(s), See Remarks
Exterior Construction
See Remarks, Brick
Exterior Features
See Remarks, Brick
Stories
3
Levels
Three Or More
Roof
Metal
Parking
Private

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Calculator source: Real Geeks

Listing courtesy of REMAX Mountain Properties - The Nicholson Group.