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987 Shenandoah Drive
Ellijay, GA 30540
$4,400,000
Conventional
Property
Bedroom
--
Bathroom
--
Property Type
Conventional
Square ft
22824 Square Feet
Property Description
Investors dream!! Whitepath Lodge and Resort, located in beautiful Ellijay GA on the 10th hole of the Whitepath Golf Course with fantastic long range views! Newly renovated and remodeled 14 unit lodge and resort with a 15th, 1 bed 1 bath apartment and office for on site management. Whitepath Lodge and Resort is the perfect golfers retreat! The Lodge can also be used for family reunions, weddings and wedding parties of all sizes or your go to vacation destination! This amazing 7.67 acre property has it all! The huge river rock lined pool, pavilion and play area will keep the kids entertained for hours while the adults relax in the pavilion! There is another large play area below the pool that can be converted back to tennis, pickleball or basketball courts with ease or use this area to land your Helicopter! The large and well furnished suites can accommodate the largest of families or groups! Plenty of parking with all paved roads access and just a few minutes to Ellijay and Blue Ridge. Eight of the Suites are 2 Bedroom and 3 Bathroom with full kitchens and inside laundry. The 6 townhomes are 2 bed 2 bath each also with fully equipped kitchens and inside laundry. Whitepath Lodge and Resort also has a fully functional conference center with a well equipped kitchen and restrooms that can be used for a rec room, wedding venue, birthday parties or any other large events! Next to the conference center on the bottom level is a vast garage and workshop for storing equipment, tools, golf carts or convert this area into whatever you prefer! Do not miss out on the walking trails and abundant wildlife that will remind you of all the beauty Mother Nature and the mountains of N GA have to offer! Possible owner financing.
Property Information
Lot Size
7 acre(s) square ft
Property Type
Commercial Sale-Other
Year Built
1995
MLS Number
--
Location
Address
987 Shenandoah Drive
City
Ellijay
State
GA
Zip Code
30540
County
GILMER
Listing
Name
Phone
(863) 559-2557
Office Name
Office Phone
(706) 632-7311
Agent Name
Roy Gilbertsen
Agency Phone
(706) 632-7311

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Foreclosure Listings Increasing

HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.