8546 Edgemont Rd
Property Description
Located in the heart of Greers Ferry's recreation corridor, Klassic Inn offers a turnkey hospitality opportunity on approx. 2.46+/- acres between The Narrows Bridge & The Edgemont Bridge. Just minutes from Shiloh Marina, Lacey's Marina & Devil's Fork Boat Ramp, the property is ideal for fishermen, boaters & Greers Ferry Lake visitors. The 16-room motel includes approx. 5,928 SF of guest accommodations with 2 king & 14 double queen rooms. Updates include LED lighting & new tankless gas water heaters (2025). Sale includes furnishings, appliances & operational equipment, plus a 1,040-SF lobby/check-in building. Also included is a 1,560-SF 3BR/2BA residence with a long-term tenant who wishes to remain, providing additional rental income. A storage building, ample boat parking & private septic system add functionality. Owner-provided financials show occupancy increasing from 16% in 2024 to 27% through 1H 2026, with room revenue rising from $37,414 to $65,385, highlighting continued growth potential.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $859,000 |
| No. of Units: | 16 |
| Year Built: | 1999 |
| Lot Size: | 8,528.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $53,688 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-CARMLS-26034971
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