109 Dolan Rd - Hospitality FOR SALE


Waynesville, NC 28786
$1,650,000 USD
984-215-0918
109 Dolan Rd, Waynesville, NC for Sale
$1,650,000 USD
Hospitality - FOR SALE
1/57
null | 9.33% Cap Rate

109 Dolan Rd
Waynesville, NC 28786


OVERVIEW

Amazing opportunity to own a piece of history. Furry's Lodge offers a unique 18-unit, 25-bedroom, rustic and historic mountain lodge. The property is hidden away in a residential neighborhood within just a short walk to all that downtown Waynesville has to offer. The total property consists of 7 total structures: 1 large stone building (Oak Terrace) with 7 historic king suites, and 2 double king suites. An adjacent wood building (Rhododendron) with 4 deluxe king suites. 3 smaller cabins (Hemlock, Mt Laurel, and Azalea cabins) consisting of 8 total bedrooms and 7 beds. 1, 3-unit cabin (Summer House) that is ADA accessible. 1 large main cabin (Old Stone Inn) with nearly 5000 sqft that is perfect for entertaining large groups or events. Multiple kitchens, bars, and lounge areas make hosting a breeze. There are 10 beds, 3 full baths, 3 half baths, and can sleep 16 comfortably. Multiple outdoor decks and porches make this the perfect mountain retreat and gathering spot.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$124 USD /SF

# OF ROOMS

21

PRICE/ROOM

$78,571 {currency}

CAP RATE

9.33%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Furry Lodge and Suites

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1946

PARKING SPACES

7

LAND DETAILS

LAND ACRES

3.48 AC

LAND SF

151,719 SF

ZONING

LL-ND

APN/PARCEL ID

8615-19-4830

ASK ABOUT THIS PROPERTY

Michael FitzGeraldFurry's Lodge AVL LLCMore Info
984-215-0918

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Michael FitzGeraldFurry's Lodge AVL LLCMore Info
984-215-0918

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.