1201 Martha Berry Highway, Rome, GA 30165 (MLS # 8925116)

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PRICE $1,600,000 dsIDX morgage calculator
SIZE 9,063 sqft
LOT SIZE 1.47 ac

FEDERAL OPPORTUNITY ZONE PROPERTY IN ROME, GEORGIA. Currently the Royal Inn. Built in 1959, this property features 1.47 acres lot, and 28 rooms. There is also a 5 bedroom owner's apartment. The motel has been closed for business for a few months. Financials are not available. The rooms were renting for $60 per night. The property is on a major corridor in Rome and the property is very near the downtown historic district. Five parcels across the street just sold and will be the site of an upscale mixed use development. That side of the street is in a TAX ALLOCATION DISTRICT.

DAYS ON MARKET 656 LAST UPDATED 4/21/2022
YEAR BUILT 1958 COMMUNITY FLD1
COUNTY Floyd STATUS Active
PROPERTY TYPE(S) Commercial

PRICE HISTORY
Prior to Jul 1, '21 $1,155,000
Jul 1, '21 - Jan 13, '22 $1,300,000
Jan 13, '22 - Today $1,600,000


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
AREA FLD1
CONSTRUCTION Brick
HEAT Central, Other
LOT 1.47 acre(s)
LOT DESCRIPTION City Lot
PARKING Parking Lot
SEWER Public Sewer
TAXES 7349.93
UTILITIES Cable Available,Electricity Available,High Speed Internet,Phone Available,Water Available
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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