5615 Eastport Rd Alpine, TN 38543
This charming 8-bedroom, 2-story motel, built in 2003, presents a unique investment opportunity near Dale Hollow Lake in Alpine, Tennessee. Boasting 3,360 square feet, the property is priced at $525,000, or $156.25 per square foot. The motel offers a tranquil setting, ideal for both investors and families seeking a relaxing getaway. Guests can enjoy the convenience of Eastport Marina, located within walking distance. The property features a hot tub and fire pit for outdoor enjoyment, along with large windows providing seasonal lake views. Inside, the cozy atmosphere blends rustic and modern comfort, accommodating up to 18 guests. The motel's location offers both privacy and proximity to local attractions and amenities. The property is situated at 5615 Eastport Rd, Alpine, TN 38543, in Pickett County. There is no specified zoning for this property. This turnkey operation is ready for a new owner to capitalize on its potential. The property's combination of comfort, location, and amenities makes it an attractive option for those seeking a profitable venture in a picturesque setting. The motel's eight bedrooms provide ample capacity for a variety of guests, ensuring consistent occupancy potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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