Hotel Construction Opportunity in Villa Rica, GA
Seller is willing to sign a contract with a rezoning contingency! Seller has connections with the County!
The 1-acre parcel is located North adjacent to the gas station.
The 2-acre parcel is located North adjacent of the 1-acre parcel.
Two Commercial Properties off Hwy-61 in Villa Rica, GA totaling 3 acres!
Properties are zoned Heavy Commercial (C-H) which includes hotel/motels in the permitted uses!
Rezoning Contingency OK!
Additional permitted uses included Tobacco Stores, Restaurants, Bars, Taverns, and Dry-Cleaning!
One Commercial property is 1 acre and the other is 2 acres! Buy one or both!
40 minutes from Atlanta, GA!
Near Tanner Medical Center.
2 miles from a mixed-use development that will include multiple stores and restaurants, along with 255 townhomes and 208 apartments.
3 miles from 192-unit development and a proposed rental community will offer 100 rental units.
3 miles from apartment complexes like The Legacy at Walton Trail, Hawthorne at Mirror Lake, Villa Rica Lofts, Arbor Bend Apartments, and Willow Creek Apartments.
4 miles from Villa Rica Elementary School with over 475 students, Glanton-Hindsman Elementary School with 700 students, and Mirror Lake Elementary School with over 532 students.
5 miles from a mixed-use development project plans include townhomes, single-family homes, a senior living and assisted living community, a fitness center, chapel, and amphitheater and a 230-acre mixed-use project consisting of 525 residential units and 250 senior living.
Average traffic count of 12,800 vehicles passing by the property each day!
Population is increasing by an extremely high 6% every year!
Asking Price for the 1-acre parcel: $199,000!
Asking Price for the 2-acre parcel: $349,000!
Combined Asking Price for all 3 acres is discounted at $499,000!
Financials (USD)
Asking Price $499,000
Cash Flow Not Disclosed
Sales Not Disclosed
Deal Terms
Represented by broker? Yes
Buyer Fee? Available On Request
Seller Financing? Available On Request
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? Available On Request
Management will stay? Available On Request
Relocatable? Available On Request
Real Estate? Available On Request
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