Description
FEDERAL OPPORTUNITY ZONE PROPERTY IN ROME, GEORGIA. Currently the Royal Inn. Built in 1959, this property features 1.47 acres lot, and 28 rooms. There is also a 5 bedroom owner's apartment. The motel has been closed for business for a few months. Financials are not available. The rooms were renting for $60 per night. The property is on a major corridor in Rome and the property is very near the downtown historic district. Five parcels across the street just sold and will be the site of an upscale mixed use development. That side of the street is in a TAX ALLOCATION DISTRICT.
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0BEDS
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1.47ACRES
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0BATHS
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01/2 BATHS
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9,063SQFT
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$177$/SQFT
School Ratings & Info
Description
FEDERAL OPPORTUNITY ZONE PROPERTY IN ROME, GEORGIA. Currently the Royal Inn. Built in 1959, this property features 1.47 acres lot, and 28 rooms. There is also a 5 bedroom owner's apartment. The motel has been closed for business for a few months. Financials are not available. The rooms were renting for $60 per night. The property is on a major corridor in Rome and the property is very near the downtown historic district. Five parcels across the street just sold and will be the site of an upscale mixed use development. That side of the street is in a TAX ALLOCATION DISTRICT.
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