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27410133
27410135

3206 Alabama HWY 117, Mentone, AL Alabama

AB
TN 312381
Keller Williams Realty Greater Downtown
Listed by Keller Williams Realty Greater Downtown
$250,000
291 days on market
Updated 39 days ago

2 UNITS MOUNTAIN HOMES 3+/- Acre EXPANSION MAY OWNER FINANCE

Details
Property Type Hospitality, Mixed Use (+3)
Sub Type Apartment Building, Hotel (+1)
Units 2
NOI $20,000
Year Built 2025
Buildings 1
Stories 2
Acreage 3.000

2 NEW UNITS, EXPANSION SPACE, MOUNTAIN TOURISM ATTRACTIONS

Marketing description

Scenic Destination Currently 2 units on 3 acres that can accommodate more units. Owners are doing Hospitality now and are grossing estimated 20k per year. Water is on one meter and power is separate. 1 unit is a container 19x30 including the covered area. Unit 2 is a mini house est 14x30 foot print including the covered area. 3 more homes could be added or 5 more smaller tree house type units

See Airbnb Links below:

https://www.airbnb.com/rooms/1152312549029315871?source_impression_id=p3_1755711790_P360vpPzX8Wd41Tp&modal=PHOTO_TOUR_SCROLLABLE

https://www.airbnb.com/rooms/1414406441379972406?adults=6&photo_id=2162774505&source_impression_id=p3_1748999681_P3nUgCoIlMUGjOKg&previous_page_section_name=1000

Investment highlights

New Development

Expansion upside potential

Scenic area and tourist attractions on Lookout Mountain

Listing Contacts

AB
TN 312381
Keller Williams Realty Greater Downtown
Listed by Keller Williams Realty Greater Downtown

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Loan Amount
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$20,000.00
$1,666.67/mo

Valuation Metrics

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DSCR
8%
Cap Rate
8%
ROI

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