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