Estimated payment $4,969/month
Highlights
- City View
- Corner Lot
- Heating Available
- Armuchee Middle School Rated A-
- 1-Story Property
About This Home
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
Home Type
- Multi-Family
Est. Annual Taxes
- $5,282
Year Built
- Built in 1952
Lot Details
- 1.08 Acre Lot
- Chain Link Fence
- Corner Lot
- Level Lot
Home Design
- Metal Roof
Interior Spaces
- 1-Story Property
- Laminate Flooring
- City Views
Parking
- 9 Parking Spaces
- Parking Lot
Schools
- Armuchee Elementary And Middle School
- Armuchee High School
Utilities
- Window Unit Cooling System
- Heating Available
- Cable TV Available
Community Details
- 15 Units
Listing and Financial Details
- Assessor Parcel Number J11Y 187
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,496 | $227,038 | $102,608 | $124,430 |
| 2023 | $5,556 | $193,794 | $102,608 | $91,186 |
| 2022 | $5,282 | $178,040 | $93,280 | $84,760 |
| 2021 | $5,291 | $175,280 | $93,280 | $82,000 |
| 2020 | $3,149 | $103,464 | $32,648 | $70,816 |
| 2019 | $3,025 | $100,716 | $32,648 | $68,068 |
| 2018 | $3,032 | $100,776 | $32,648 | $68,128 |
| 2017 | $3,040 | $100,835 | $32,648 | $68,187 |
| 2016 | $3,079 | $100,916 | $32,640 | $68,276 |
| 2015 | $3,011 | $100,916 | $32,640 | $68,276 |
| 2014 | $3,011 | $100,916 | $32,640 | $68,276 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/18/2025 04/18/25 | Price Changed | $850,000 | -15.0% | -- |
| 01/04/2024 01/04/24 | Price Changed | $1,000,000 | -23.1% | -- |
| 08/24/2023 08/24/23 | For Sale | $1,300,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $330,000 | -- | |
| Warranty Deed | $170,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | $140,000 | -- | |
| Deed | $75,000 | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $234,485 | Commercial | |
| Closed | $30,000 | Commercial |
Source: First Multiple Listing Service (FMLS)
MLS Number: 7266175
APN: J11Y-187
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