Cole's Lodge (name does not convey with sale)

Hospitality for Sale
Catylist Listing ID: 30803627
Property Subtypes: Inn, Motel, Vacation Rental(s), Other
Number of Units: 8 Units
Building Size (RSF): 3,240 SF
Gross Building Area: See Agent
Gross Land Area: 0.64 Acres
Sale Price: $999,999
Unit Price: $124,999.88 Per Unit
Property Use Type: Investment
Name of Establishment: Cole's Lodge (name does not convey with sale)
Sale Terms: Cash to Seller, Owner Financing, Other
Cap Rate: Undisclosed
Last Updated: 2/27/2023

Overview / Comments

Updated lodge situated on over 1/2 acre. 8 units nicely remodeled. Currently set up with Air B&B. 3 units offer full kitchens, 5 with kitchenettes (mini-fridge, microwave, etc). All units with tile floors, mini-split A/C, and newer furniture. On-site laundry, 2 RV spaces (one is 50 amp and one is 30 amp both with septic hookups). Covered outdoor patio with tables, fish station with dual sinks, and grill. This is 2 parcels for a total of .64 acres. All types of hunting and fishing in the area. Less than 1 mile to the marina and boat launch, 3 miles to the public beach. 1-hour drive from Tallahassee. Name of the lodge does not convey with sale. Possible owner financing.

Additional Details

Nearest MSA: Tallahassee
County: Franklin
Submarket Type: Other
Tax ID/APN: 29-07S-04W-4200-0024-0150
Retail Clientele: General, Family, Traveler, Tourist, Recreation
Property Visibility: Excellent
Area Description: Fishing and hunting of all types in area
Nearby Attractions: Carrabelle Riverwalk, local marina and public beach
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Excellent
Construction/Siding: Wood Frame
Parking Type: Surface
Laundry: Shared
Heat Type: Other
Air Conditioning: Other
Water Service: Municipal
Sewer Type: Septic

View FullscreenMap

Demographic Statistics

Proximity: 5 miles
Total Population: 2,760
Median Age: 38.86
Households: 608


© Copyright 2001-2023 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither My Florida Commercial Real Estate nor Moody's assume any liability for errors or omissions.