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60 Spradley Rd - The Lodge at Lake Martin 6,000 SF Specialty Building Offered at $2,750,000 at a 6.20% Cap Rate in Eclectic, AL 36024
Investment Highlights
- luxury resort on 16 wooded acres with lake frontage on Lake Martin
- can overnight as many as 35 guests
- party barn with sound system
- totally remade with the look of a hunting lodge
- outdoor and indoor fireplaces, fire pits, grill station, hiking trails
- large parking lot and golf cart to shuttle
Executive Summary
Prime investment property on Lake Martin, one of the South's largest and popular recreational lakes. Property was renovated in 2024 and is a luxury retreat on 16 wooded acres operating as a wedding venue, church retreat, family reunions, company retreats, etc. Plenty of room to add more amenities including tiny homes.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
About 60 SPRADLEY RD , ECLECTIC, AL 36024
The Lodge is a luxury resort located on over 16 wooded acres on Lake Martin. The property was completely renovated in 2024 for weddings, retreats, family reunions, etc. The 16 acres has plenty of hiking trails and expansion plans for more amentities could include tiny home cabins, swimming pool, golf tee boxes, etc. Currently not operating as a bed & breakfast but could easily be converted.
1 1
Exceptionally drivable
100/100
Somewhat bikeable
20/100
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Photos
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Presented by
Self Storage 101
60 Spradley Rd - The Lodge at Lake Martin
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