89450 AL-9 - Hospitality FOR SALE


Lineville, AL 36266
$350,000 USD
678-520-6381
89450 AL-9, Lineville, AL for Sale
$350,000 USD
Hospitality - FOR SALE
1/32
null | Request Cap Rate

89450 AL-9
Lineville, AL 36266


HIGHLIGHTS

  • 10-room motel off Highway 9 in Lineville, AL
  • 9 miles from Lake Wedowee, 15 miles from Mt. Cheaha, and 6 miles from Flat Rock Park
  • Eachroom is equipped with a mini fridge, microwave, smart TV, and WiFi
  • Complete renovation done in 2022

OVERVIEW

Discover an incredible investment opportunity with this 10-room motel off Highway 9 in Lineville, AL. This property has undergone a complete renovation in 2022, making it a modern and attractive option for prospective owners. Just 9 miles from Lake Wedowee, 15 miles from Mt. Cheaha, and 6 miles from Flat Rock Park, this motel offers a prime location for guests seeking tranquility or adventure. The comprehensive renovation includes upgraded features such as underground utilities, new plumbing, electrical systems, heating/AC units, doors, windows, hot water heaters, gutters, sidewalks, and overhangs. Featuring six rooms with queen beds and four rooms with twin beds, the motel caters to diverse guest preferences. Each room is equipped with essential amenities, including a mini fridge, microwave, smart TV, and WiFi capabilities, ensuring a comfortable and enjoyable stay for guests. This turn-key opportunity allows you to step into ownership seamlessly, taking advantage of the meticulous renovations and strategic location. Whether you're an experienced investor or looking for a new venture, this 10-room motel is ready to welcome guests and generate revenue from day one. Invest in the future of hospitality by acquiring this fully renovated and conveniently located motel. Schedule a viewing today and explore the endless possibilities that come with this exceptional property.

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$112 USD /SF

# OF ROOMS

10

PRICE/ROOM

$35,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Crossroad Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1962

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,935 SF

ZONING

B3 - General Business

APN/PARCEL ID

10-03-06-4-000-008.000

ASK ABOUT THIS PROPERTY

Rett HarmonCentury 21 NovusMore Info
678-520-6381

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

Rett HarmonCentury 21 NovusMore Info
678-520-6381

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