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550 Main St Waterloo, AL 35677

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For Sale
$2,000,000

Fully furnished cabins, website, management, and local contacts included.

Property size:
8,424 SF

Property Features for 550 Main St

General Information

Size
8,424 SF

Building Details

Year built
2019

Source: Paul McDonald Agent Paul McDonald

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Turnkey Waterfront Short-Term Rental Business

This turnkey short-term rental business, established in 2019, features eight fully furnished units, each with two bedrooms and one and a half bathrooms. The units include fully functioning kitchens, dining rooms, and family rooms, with lake views available in some. Furnishings include furniture, washers, dryers, fireplaces, updated fixtures, and appliances such as coffee makers, blenders, toasters, dishwashers, dishes, utensils, linens, towels, internet access, and televisions. Each unit also has a covered porch. Outdoor amenities include a 38-foot pavilion with an outdoor grilling area featuring three grills, as well as a bench swing. The property is suited for hunting and fishing, with a boat ramp and dock. The units provide a rustic cabin-like feel with modern accents such as accent walls and backsplashes, and class A finishes. The business caters to professional fishing tournaments and has bookings three years in advance for the summer months. The property rents for $150 per night with a two-night minimum. The owner previously charged $200 per night before lowering the rates due to Covid.
Location Intelligence

Current Use by Public Records

Waterloo Lodge Hotel The Perfect Place To Stay Indoor Lodging

Suggested Use

Food Market Hotel & Motel Grocery Store Bed & Breakfast

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Waterloo
County
Lauderdale
State
Alabama
Longitude
-88.06278
Latitude
34.914265

FAQs

What type of property is this?
Short term rental property - Fully furnished cabins, website, management, and local contacts included.
Where is this short term rental property located?
The property is located at 550 Main St Waterloo, AL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: - Turnkey short-term rental business with established website, management, and local contacts.; - Eight fully furnished 2BR/1.5BA units built in 2019 with modern amenities and lake views in some units.; - High rental income potential, currently $150/night with potential to increase to $200-$225/night.
More about this property
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