Lake Lodge/event Venue-Airbnb-9.7.% Cap Rate- Owner Financing Availabl

Asking Price$1,750,000

Gross Revenue
$274,000

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.8232

Price per Sq. Ft.Not Disclosed

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Lake Lodge/event Venue-Airbnb-9.7.% Cap Rate- Owner Financing Availabl


Asking Price$1,750,000

Gross Revenue
$274,000

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.8232

Price per Sq. Ft.Not Disclosed


Seller Financing Available
Property Description
Muscle Shoals (Florence) ALABAMA area Wilson Lake Lodge on Tennessee River
Lakefront Event Center RECENT APPRAISAL FOR 2.2 MILLION-OWNER FINANCING AVALIBALE, 40% OF SALE PRICE AT 6% FOR 3 YEARS. - Nestled on the bank of the Tennessee River, the Lodge at Doublehead offers a unique waterfront setting for all your events. Facebook (The Lodge at Doublehead) Near Robert Trent Jones at the Shoals Golf Course (15 min), University of N Ala (25min), Historic Florence, AL (20 min), FAME Recording Studios.Muscle Shoals Studio where artists like The Rolling Stones, Aretha Franklin, Rod Stewart and so many more have recorded (20 min), (visitflorenceal.com) Nestled on the serene shores of Wilson Lake, this rustic lodge is currently being used as an Event Center and an Airbnb. Boasting 5 bedrooms and 5 baths currently being rented out thru Airbnb, the lodge exudes charm with balconies overlooking the tranquil lake, perfect for savoring breathtaking views. The master suite indulges with a luxurious jacuzzi, while the entire property, built in 1994 and tastefully remodeled in 2016, exudes timeless appeal. Enhanced by a 30x50 storage building and a quaint one-bedroom cabin, the property presents a proven rental history, promising a lucrative investment. Warm gatherings await around the wood-burning fireplace, while the expansive deck provides an idyllic setting for weddings, events, and parties. The generous event room, spanning 120x40, offers endless possibilities.
About the Property
Type
Other Business Real Estate
Building Status
Established
Location Description
Right on the Tennessee River
Current and Prior Use
Wedding/Event Venue.
About the Sale
Furniture, Fixings and Equipment
Included in Asking Price
Financing
6% FOR 3 YEARS UP TO 40% OF LIST PRICE
Listing Info
ID:
2346553
Listing Views:
6036
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Property Listed by: Jay Klos Compass Realty

Listing ID: 2346553 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.