Event Venue & Cabin
10360 Alabama Highway 227 Guntersville, AL 35976
10360 Alabama Highway 227, Guntersville, AL, 35976
$2,300,000
For Sale
$2,300,000
COMMERCIAL - Guntersville, AL
Property Size17,648 SF
Lot Size40.00 Acres
Price / SF$130.33
Days on Market12
Property Features for 10360 Alabama Highway 227
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 17
- Rooms
- Bathroom 5, Bathroom 13, Bathroom 4, Bathroom 9, Bathroom 16, Bathroom 17, Bathroom 12, Bathroom 3, Bathroom 6, Bathroom 7, Bathroom 11, Bathroom 14, Bathroom 2, Bathroom 1, Bathroom 10, Bathroom 15, Bathroom 8
- Parking features
- Driveway
- Standard status
- Active
- Size
- 17,648 SF
- Lot size
- 40.00 Acres
Utilities
- Sewer type
- Septic Tank
- Water source
- Private
Building Details
- Floors in Building
- 1
- Flooring type
- Concrete, Wood, Vinyl
Listing Agency
Re/Max Guntersville
(256) 582-5585
1604 Gunter Ave, Arab, AL
Listed by
Addi Yarbrough · License #166610
(256) 744-0569
Added: Jul 10 Updated: Jul 18 at 1:36 am Checked: Jul 21 at 12:06 am
MLS# 21923274
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Investment Insights
Based on property information with market context.
Sweet Springs Retreat is a turnkey income producing event venue and cabin retreat set on 40+/- acres. The property includes a 5,000 sq ft event center, a 2,190 sq ft lodge, and 14 fully furnished tiny cabins. Outdoor amenities feature a stocked pond with a pier and kayaks.
The entire property is fully supplied by a pure natural spring. The retreat is located at 10360 Alabama Highway 227 in Guntersville, Alabama, within Marshall County.
For event and guest hosting, the combination of the event center, lodge, and on-site cabin accommodations is designed to support both gatherings and longer stays in a single property.
The entire property is fully supplied by a pure natural spring. The retreat is located at 10360 Alabama Highway 227 in Guntersville, Alabama, within Marshall County.
For event and guest hosting, the combination of the event center, lodge, and on-site cabin accommodations is designed to support both gatherings and longer stays in a single property.
Key Highlights
- 5,000 SF event center plus 2,190 SF lodge
- 14 fully furnished tiny cabins on 40+/- acres
- Stocked pond with pier and kayaks
Local Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $264.7k | $15.00 |
| − Vacancy | −$31.8k | −$1.80 |
| EGI | $233.0k | $13.20 |
| − OpEx | −$122.3k | −$6.93 |
| NOI | $110.7k | $6.27 |
17,648 SF · lease $15.00/SF/yr · vacancy 12.00% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$1.58M
$1.38M – $1.84M
NOI $110,653 @ 7.0% cap · market cap 4.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.81M
$3.33M – $4.44M
NOI $266,634 @ 7.0% cap · market cap 11.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Resorts
Similar For Sale Nearby
FAQs
What type of property is this?
Resort - Turnkey retreat with event center, lodge, 14 furnished tiny cabins, and a stocked pond with pier and kayaks.
Where is this resort located?
The property is located at 10360 Alabama Highway 227 Guntersville, AL.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 5,000 SF event center plus 2,190 SF lodge; 14 fully furnished tiny cabins on 40+/- acres; Stocked pond with pier and kayaks
