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The Crossroad Inn 89450 AL-9

10 Room Hotel Lineville, AL 36266 $365,000 ($36,500/Room)

Investment Highlights

  • 10-room motel off Highway 9 in Lineville, AL
  • Eachroom is equipped with a mini fridge, microwave, smart TV, and WiFi
  • 9 miles from Lake Wedowee, 15 miles from Mt. Cheaha, and 6 miles from Flat Rock Park
  • Complete renovation done in 2022

Executive Summary

Discover an incredible investment opportunity with this 10-room motel off Highway 9 in Lineville, AL. This property has undergone a complete renovation in 2022, making it a modern and attractive option for prospective owners. Just 9 miles from Lake Wedowee, 15 miles from Mt. Cheaha, and 6 miles from Flat Rock Park, this motel offers a prime location for guests seeking tranquility or adventure. The comprehensive renovation includes upgraded features such as underground utilities, new plumbing, electrical systems, heating/AC units, doors, windows, hot water heaters, gutters, sidewalks, and overhangs. Featuring six rooms with queen beds and four rooms with twin beds, the motel caters to diverse guest preferences. Each room is equipped with essential amenities, including a mini fridge, microwave, smart TV, and WiFi capabilities, ensuring a comfortable and enjoyable stay for guests. This turn-key opportunity allows you to step into ownership seamlessly, taking advantage of the meticulous renovations and strategic location. Whether you're an experienced investor or looking for a new venture, this 10-room motel is ready to welcome guests and generate revenue from day one. Invest in the future of hospitality by acquiring this fully renovated and conveniently located motel. Schedule a viewing today and explore the endless possibilities that come with this exceptional property.

Property Facts

Price $365,000
Price Per Room $36,500
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.41 AC
Building Size 3,139 SF
No. Rooms 10
No. Stories 1
Year Built/Renovated 1962/2022
Parking Ratio 7.36/1,000 SF
Corridor Exterior

Amenities

  • High Speed Internet Access
  • Public Access Wifi

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 10 $78.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10-03-06-4-000-008.000
Land Assessment
$4,310
Improvements Assessment
$34,400
Total Assessment
$38,710

zoning

Zoning Code B3 - General Business (B3 - General Business)
B3 - General Business (B3 - General Business)
  • Listing ID: 30807828

  • Date on Market: 1/29/2024

  • Last Updated:

  • Address: 89450 AL-9, Lineville, AL 36266

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