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Investment Highlights

  • 1.54-acre value-add block fronting Hwy 123 — hotel and residential on a single parcel
  • Extensively renovated in 2022 — new metal roofing, windows, doors, and gutters
  • City of Toccoa has expressed support for residential redevelopment under new ownership — higher-end apartments, veterans, or senior housing
  • 38 keys (34 rooms + 4 suites) + 7 residential units + 4 garages
  • ~9.6% stabilized pro forma cap at $1,400,000; offered vacant (value-add)
  • Hotel available separately at $800,000

Executive Summary

The Regency Inn is a value-add hospitality-and-residential block on a single 1.54-acre parcel fronting Georgia Highway 123 in Toccoa. The offering includes a 38-key motel (34 rooms + 4 suites), two single-family houses (3 BR/2 BA each), four apartments (one 2 BR/2 BA and three 1 BR/1 BA), a 2 BR/1 BA duplex, and four garages — all extensively renovated in 2022 with new metal roofing, windows, doors, and gutters.
The property is offered vacant as a repositioning. A new owner can re-establish income under a longer-term, professionally managed operating model, or pursue a residential redevelopment of the site. The City of Toccoa has expressed support for residential uses here under new ownership — including higher-end apartments, veterans housing, and senior living.
On stabilized, comp-based assumptions the property pro formas to approximately $134,000 of net operating income — about a 9.6% pro forma cap rate at the $1,400,000 asking price. In-place income is $0 (offered vacant); the 2022 renovations allow the asset to carry itself through entitlement and lease-up rather than sit idle. The hotel may be acquired on its own for $800,000.
The block sits minutes from downtown Toccoa, the Amtrak station, the Currahee Military Museum, and Toccoa Falls, with quick access to Hwy 17. Adjacent income-producing parcels at separate addresses are retained by ownership and are not part of this offering.

Data Room Click Here to Access

Taxes & Operating Expenses (Pro Forma - 2027) Click Here to Access

Annual (CAD)
Gross Rental Income $99,999
Other Income -
Vacancy Loss -
Effective Gross Income $99,999
Taxes -
Operating Expenses -
Total Expenses $99,999
Net Operating Income $99,999

Taxes & Operating Expenses (Pro Forma - 2027) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Other Income (CAD)
Annual -
Vacancy Loss (CAD)
Annual -
Effective Gross Income (CAD)
Annual $99,999
Taxes (CAD)
Annual -
Operating Expenses (CAD)
Annual -
Total Expenses (CAD)
Annual $99,999
Net Operating Income (CAD)
Annual $99,999

Property Facts

Price $1,984,402 CAD
Price / SF $132.73 CAD / SF
Cap Rate 9.61%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 14,951 SF
Total Land Area 1.87 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Regency Inn
70 Felton Dr, Toccoa, GA 30577
Hospitality 10,000 SF 1953 -
435 W Currahee St, Toccoa, GA 30577 Multifamily 4,000 SF 1949 -
428 W Franklin St, Toccoa, GA 30577 Multifamily 951 SF 1930 -
Show More > < Show Less
  • Listing ID: 13051093

  • Date on Market: 2015-12-04

  • Last Updated:

  • Address: Regency Inn — Hotel | Residential | Apts, Toccoa, GA

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