Business & Tech
On the Market: Hotel for $3.85 Million
The price for the Holiday Inn in Cartersville has been reduced to about $27,000 per room.
An older Cartersville hotel is for sale at a reduced price, according to a loopnet.com listing.
near , which competes with newer hotels and , is listed for $3.85 million, or nearly $27,000 for each of the 144 rooms.
The two-story, interior corridor hotel built in 1973 includes an outdoor pool, restaurant, meeting facilities, business area, fitness center and breakfast space.
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It nets income of nearly $256,000 a year, and the asking price is a little more than two times its current room revenue.
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