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Turnkey Waterfront Short-Term Rental Business
For Sale
$2,000,000

550 Main St, Waterloo, AL 35677

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

Property Size8,424 SF
Price / SF$237.42
Days on Market256

Property Features for 550 Main St

General Information

Standard status Active
Size 8,424 SF
Property subtype Multifamily

Building Details

Year Built 2019
Listing Agency:
Listed By: Paul McDonald
Source: Svn
Added: Nov 21, 2025 Changed: Jul 6 Last Checked: Aug 4 at 5:06AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Paul McDonald

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Current Use

Waterloo Lodge Hotel & Motel The Perfect Place To Stay Hotel & Motel

Suggested Use

Top Pick Grocery & Convenience Store Food Market Bed & Breakfast Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

37
Businesses Nearby

Demographics for 35677, AL

1,808
Population
1,064
Households
1.7
Avg Household Size
45
Median Age
13%
College-Educated
80%
High-School Grad
110.3 sq mi
ZIP Area
16
Density / Sq Mi
$48,350
Median Household Income
$27,207
Median Earnings
$642
Median Rent
$190,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

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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