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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.
Executive Summary
Lake Wedowee Motel & Cabins presents an opportunity to acquire an operating hospitality property positioned along Highway 431 in Wedowee, Alabama. The asset includes a diverse lodging mix consisting of motel rooms, cabins, cottages, an apartment, and supporting facilities that serve visitors drawn to Lake Wedowee and the surrounding recreational amenities. The property's location provides convenient access to nearby public boat ramps and outdoor recreation destinations, supporting tourism and seasonal visitation patterns in the market. ?
The improvements were originally constructed in 2005 and renovated in 2012. The property contains 34 lodging units and is situated on approximately 6.11 acres, providing existing operational infrastructure along with outdoor areas that may support future enhancements or expanded guest amenities, subject to applicable approvals. The varied accommodation mix allows operators to serve multiple guest profiles, including short-term travelers, vacationers, anglers, boating enthusiasts, family groups, and extended-stay visitors.
Wedowee's position near Lake Wedowee helps support demand generated by recreation, waterfront activities, and regional tourism. The property's frontage along a major regional highway contributes to accessibility for guests arriving from surrounding Alabama and Georgia markets. Combined with an established operating format and existing lodging inventory, the asset offers investors the ability to acquire a hospitality property with multiple accommodation types in a lake-oriented destination market.
The improvements were originally constructed in 2005 and renovated in 2012. The property contains 34 lodging units and is situated on approximately 6.11 acres, providing existing operational infrastructure along with outdoor areas that may support future enhancements or expanded guest amenities, subject to applicable approvals. The varied accommodation mix allows operators to serve multiple guest profiles, including short-term travelers, vacationers, anglers, boating enthusiasts, family groups, and extended-stay visitors.
Wedowee's position near Lake Wedowee helps support demand generated by recreation, waterfront activities, and regional tourism. The property's frontage along a major regional highway contributes to accessibility for guests arriving from surrounding Alabama and Georgia markets. Combined with an established operating format and existing lodging inventory, the asset offers investors the ability to acquire a hospitality property with multiple accommodation types in a lake-oriented destination market.
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
