5606 Oakhill Rd NE - Specialty FOR SALE


Fort Payne, AL 35967
$1,475,000 USD
256-272-3212
5606 Oakhill Rd NE, Fort Payne, AL for Sale
$1,475,000 USD
Specialty - FOR SALE
1/45
null | 9.76% Cap Rate

5606 Oakhill Rd NE
Fort Payne, AL 35967


OVERVIEW

-Turnkey Short-Term Rental Opportunity!- Eight Cabins! -268k Trailing 12 Revenue AND CLIMBING! -(8) 1 BR/ 1 BA cabins, scattered on a gated 20 acre property, centrally located between tourism hotspots in northeast Alabama. -Each cabin is fully furnished with stainless steel appliances, hot tubs, fire pits and more. Spaced an oriented in a way to maintain privacy from other cabins. -The first set of four were built in 2020-2021, and the second set of four were built in 2022-2023 -Room for expansion! Property can hold up to twelve (12) total bedrooms as-is. Plans to build two 2 BR/2 BA cabins, or one 4BR/4BA lodge/event venue at the end of the private drive. *More info to come!*

FOR SALE DETAILS

PRICE

$1,475,000 USD

PRICE/SF

$284 USD /SF

CAP RATE

9.76%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Oakwoods Cabin Rentals

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

19.83 AC

LAND SF

863,637 SF

ZONING

AG

APN/PARCEL ID

24-03-06-0-000-008.000

ASK ABOUT THIS PROPERTY

Quincy AkinsFront Door HoldingsMore Info
256-272-3212

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Quincy AkinsFront Door HoldingsMore Info
256-272-3212

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