3158 Martha Berry Highway

Rome, GA 30165

$1,000,000
Price
15
Beds
15
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to a unique opportunity to own a remarkable extended stay motel located on Martha Berry Highway in the charming city of Rome, GA. This property presents an exceptional investment prospect, boasting 15 units that cater to the growing demand for extended stay accommodations. Nestled conveniently along the highly sought-after Martha Berry Highway, this motel enjoys unparalleled visibility and accessibility as residents and guests are just moments away from a myriad of local attractions, including...Welcome to a unique opportunity to own a remarkable extended stay motel located on Martha Berry Highway in the charming city of Rome, GA. This property presents an exceptional investment prospect, boasting 15 units that cater to the growing demand for extended stay accommodations. Nestled conveniently along the highly sought-after Martha Berry Highway, this motel enjoys unparalleled visibility and accessibility as residents and guests are just moments away from a myriad of local attractions, including historic sites, vibrant dining establishments, and scenic parks. The property's strategic positioning offers easy access to major highways, ensuring seamless travel for all. Beyond the exceptional location, this extended stay motel presents an enticing investment opportunity. With the growing demand for extended stay options, you can capitalize on a market that seeks both comfort and convenience. The property's established reputation for quality service and its prime location will ensure a steady stream of clientele, promising attractive returns on your investment. Situated on over 1 acre along the highway with road frontage on two sides, this lot also presents exceptional upside for development within minutes of Rome Tennis Center (largest in the nation) and Berry College. Seize the opportunity to invest in a property that not only promises financial gain but also allows you to be a part of a thriving community. Contact us today to for more information!

Property Details for 3158 Martha Berry Highway

Subdivision Complex
N/A
Num Of Parking Spaces
9
Parking Features
Parking Lot
Property Attached
No
Waterfront Features
None

Location

Add your commute
LISTING UPDATED: 04/17/2024 12:54 AM

Property Details for 3158 Martha Berry Highway

StatusActive
MLS #7266175
Days on Market253
Taxes$5,282 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Other
Year Built1952
Lot Size1.08 AC / 47,044 SF
CountyFloyd County

Location

Add your commute

Building Information for 3158 Martha Berry Highway

Stories1Residences15Year Built1952Building Size-Lot Size1.08 AC / 47,044 SF

Payment Calculator

$5,898 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,457

Property Taxes

$440

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3158 Martha Berry Highway

Summary
Location and General Information
  • Community Features: Other
  • Directions: USE GPS
  • Lake Name: None
  • View: City
  • Coordinates: -85.17135, 34.31261
Taxes and HOA Information
  • Parcel Number: J11Y 187
  • Tax Year: 2022
  • Association: No
  • Block: 0
  • Tax Legal Description: LTS 14&15 PT16 GLENWOOD HGTS SUB
  • Tax Lot: 0
School Information
  • Elementary School: Armuchee
  • High School: Armuchee
  • Middle School: Armuchee
Interior and Exterior Features
Interior Features
  • Cooling: Window Unit(s)
  • Heating: Electric
  • Flooring: Laminate
  • Levels/Stories: One
  • Window Features: None
  • Bathrooms Total Interger: 0
Exterior Features
  • Accessibility Features: None
  • Construction Materials: Block
  • Dock: None
  • Fencing: Chain Link
  • Roof Type: Metal
  • Security Features: None
  • Pool Private: No
Property
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Available,Natural Gas Available,Sewer Available,Water Available
  • Water Source: Public
Property and Assessments
  • Assumable: No
  • Home Warranty: No
  • Proposed Financing: 1031 Exchange, Cash, Owner May Carry, Owner Second, Other
  • Plat Book: 0
  • Plat Page: 0
  • Property Condition: Resale
  • Possession: Close Of Escrow
Green Features
  • Green Energy Efficient: None
  • Green Energy Generation: None
Lot Information
  • Section/GMD: 0
  • Land lot: 0
  • Lot Features: Corner Lot, Level
  • Acreage Source: Owner
Multi Family
Multi-Family Information
  • Unit Count: 1
  • NUM OF UNITS: 15
Income & Expenses Information
  • Gross Annual Income: $202,800.00
  • N.O.I. $: $163,980.00
  • Annual Expenses: $18,000.00
Unit 1
  • Unit Deposit Amount: $.00
  • Unit Electric Included: Yes
  • Unit Features: Other
  • Unit Garbage Included: Yes
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: Yes
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: Yes
  • Unit Rent Amount: $202,800.00
  • Unit Full Baths: 15
  • Unit Bedrooms: 15
Rental
Rent Information
  • Occupant Types: Tenant

Property History for 3158 Martha Berry Highway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3158 Martha Berry Highway

Taxable ValueLand$102,608Additions$91,186Total$193,794
Tax Record2023$5,556 ($463 / month)
Home Facts
Total Finished SqFt1,344 SqFtAbove Grade Finished SqFt1,344 SqFtLot Size23,522 SqFtStyleHotel / MotelYear Built1952ZoningC-CCountyFLOYDAPNJ11Y- -187 -

Schools near 3158 Martha Berry Highway

This home is within Floyd County School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 8 to 12
Public - 3 to 5
Public - PK to 5
Rating
School
Distance
Glenwood Primary School
PublicPK to 2

Armuchee High School
Public8 to 12

Armuchee Elementary School
Public3 to 5

Model Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3158 Martha Berry Highway is a multi-family home for sale in Rome, GA 30165. This property was listed for sale on August 24, 2023, it's currently listed at $1,000,000. It has been on the market for a total of 253 days and was last sold on July 8, 2005. This listing's school district is Floyd County School District. Nearby schools include Glenwood Primary School, Armuchee High School and Armuchee Elementary School. 3158 Martha Berry Highway is a 15-bed, 15-bath, multi-family home built in 1952.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.