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Wedding Venue with Cabin Retreat
For Sale
$2,300,000

10360 Alabama Highway 227, Guntersville, AL 35976

Business Opportunity, Guntersville, AL

Property Size17,648 SF
Lot Size40.00 Acres
Price / SF$130.33
Days on Market96

Property Features for 10360 Alabama Highway 227

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 17
Full bathrooms 17
Rooms Bathroom 13, Bathroom 4, Bathroom 3, Bathroom 1, Bathroom 8, Bathroom 17, Bathroom 2, Bathroom 7, Bathroom 5, Bathroom 11, Bathroom 12, Bathroom 14, Bathroom 15, Bathroom 16, Bathroom 6, Bathroom 9, Bathroom 10
Parking features Driveway
Subdivision Little New York
Directions From Guntersville Turn Right Onto Highway 227. Drive 8 Miles And The Property Is On Your Left.
Standard status Active
Size 17,648 SF
Lot size 40.00 Acres

Utilities

Sewer type Septic Tank
Water source Private

Amenities

stocked pond
pier
kayaks
natural spring

Building Details

Floors in Building 1
Flooring type Concrete, Wood, Vinyl
Listing Agency: Re/Max Guntersville
Listed By: Addi Yarbrough · License #166610
Added: Jul 10 Changed: Oct 2 Last Checked: Oct 13 at 10:06PM
MLS# 21923274

Copyright © 2026 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Sweet Springs Retreat is a wedding and event venue spanning 40 acres in Guntersville, Alabama. Improvements include a 5,000-square-foot event center, a 2,190-square-foot lodge, and 14 fully furnished tiny cabins. The grounds also feature a stocked pond with a pier and kayaks, while concrete, vinyl, and wood flooring are used throughout the improvements.

Located at 10360 Alabama Highway 227, the property includes driveway parking, a private water source, and septic tank service. The entire property is supplied by a natural spring. Its existing combination of event space, overnight accommodations, and outdoor amenities is suited to weddings, corporate retreats, family reunions, vacation rentals, and other special events.

Key Highlights

  • 40 acres in Guntersville, AL
  • 5,000‑square‑foot event center
  • 2,190‑square‑foot lodge

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$110,653
Cap Rate
4.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,213,060 $2.2M
Cap Rate 7%
$1,580,757 $1.6M
Cap Rate 9%
$1,229,478 $1.2M
Market Conditions
NOI Build-Up for 17,648 SF
Gross rent
$264.7K $15.00/SF
− Vacancy
−$31.8K −$1.80/SF
EGI
$233.0K $13.20/SF
− OpEx
−$122.3K −$6.93/SF
NOI
$110.7K $6.27/SF
Area
Marshall County, AL
Vacancy
12.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,213,060
Cap Rate 7%
$1,580,757
Cap Rate 9%
$1,229,478

Alternative Uses

Best Use
Hotel Hospitality
$1.58M
$1.38M – $1.84M (±1% cap)
NOI $110,653 @ 7.0% cap · market cap 4.81%
Second Best
Apartment 5plus
$1.36M
$1.19M – $1.59M (±1% cap)
NOI $95,530 @ 7.0% cap · market cap 4.15%
Theoretical Best
Office A
$3.81M
$3.33M – $4.44M (±1% cap)
NOI $266,634 @ 7.0% cap · market cap 11.59%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Wedding venues

Lease Details

14
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 35976, AL

16,787
Population
7,472
Households
2.2
Avg Household Size
47
Median Age
31%
College-Educated
88%
High-School Grad
127.6 sq mi
ZIP Area
132
Density / Sq Mi
$72,579
Median Household Income
$39,354
Median Earnings
$792
Median Rent
$254,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Wedding venue - The property combines an event center, lodge, furnished cabins, and a stocked pond with pier and kayaks.
Where is this wedding venue 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: 40 acres in Guntersville, AL; 5,000‑square‑foot event center; 2,190‑square‑foot lodge
More about this property
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