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Lake Wedowee Motel & Cabins 21979 Highway 431 34 Room Hotel Wedowee, AL 36278 $1,720,000 ($50,588/Room)
Investment Highlights
- 11 Motel Rooms, 1 Apartment, Laundry Room, 4 One-room Cabins, 3 Two bedroom Cabins, 1 Larger Cabin, 15 Cottages
- This established property offers a proven income stream with room for expansion. Natural beauty in a peaceful, rural setting.
- Lake access at nearby public boat ramps. Spacious outdoor areas available for expansion of outdoor activities.
Property Facts
| Price | $1,720,000 | Building Size | 17,151 SF |
| Price Per Room | $50,588 | No. Rooms | 34 |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Hospitality | Year Built/Renovated | 2005/2012 |
| Property Subtype | Hotel | Parking Ratio | 1.44/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 6.11 AC |
| Price | $1,720,000 |
| Price Per Room | $50,588 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 6.11 AC |
| Building Size | 17,151 SF |
| No. Rooms | 34 |
| No. Stories | 1 |
| Year Built/Renovated | 2005/2012 |
| Parking Ratio | 1.44/1,000 SF |
| Corridor | Exterior |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 23 | $118.00 | - |
| Guest Room | 11 | $94.00 | - |
1 1
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 08-04-17-0-000-002-0090 | Improvements Assessment | $214,900 |
| Land Assessment | $23,200 | Total Assessment | $238,100 |
Property Taxes
Parcel Number
08-04-17-0-000-002-0090
Land Assessment
$23,200
Improvements Assessment
$214,900
Total Assessment
$238,100
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Lake Wedowee Motel & Cabins | 21979 Highway 431