5360 Cr 22, Centre, AL

$950,000

Price

7.1%

Cap Rate

$68,685

NOI

Gallery
Street
Map
Overview
Cap Rate
7.1%
NOI
$68,685
Building Size
3,000 sqft
Year Built
1960
Parking Spots
20
Description

Cowen Creek Resort, Cabin Rentals and Fish Camp on Lake Weiss. 10 fully equipped rental cabins, boat rentals and year-round rec lots. Additional amenities: Store front, 325' lake frontage, 90' dock, Fish cleaning building, convenient public boat ramp. Employee lodging, Owner lodging and maintenance shop. Opportunity for growth and expansion ideal for resident/manager. 2 more cabins available with renovation. Current business operates 9 months/yr.

Highlights
  • Lot Features: Flood Plain, Other
  • Gross Income: 178385
  • Number Of Buildings: 14
  • Bathrooms Total: 0
  • Documents Available: Equip List, Legal Desc
  • Cooling: Ceiling Fan(s), Central Air, Window Unit(s)
  • Heating: Baseboard, Central, Electric, Heat Pump
  • Electric: 110 Volts
  • Flooring: Carpet, Laminate, Vinyl
  • Construction Materials: Wood Siding, Other
  • Parking Features: Parking Lot
  • Accessibility Features: None
  • Security Features: None
  • Buyer Agency Compensation: 3.0
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Listing ID: 7087143
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Location
Gallery