Waterloo Lodge

For Sale

550 Main St, Waterloo, AL 35677

This Waterloo property for sale is located at 550 Main St. The current listed sale price for Waterloo Lodge is $2,000,000.

Contacts

broker

Paul McDonald

SVN | AVAT Realty

(256) 534-7401

Property Details

  • Property Type Multi-Family
  • Property Size 8,424 SF
  • Units 8
  • Year Built 2019
  • Date Updated Jan 22, 2024
Link to Lodge Website: https://www.waterloolodge.net/ Waterloo Lodge is an excellent vacation spot and cash-flowing short-term rental business that comes complete with fully furnished cabins, website, management, and other local third-party contacts. This is a turnkey business, as it was built in 2019 in fact it is so new that you smell the fresh lumber and paint when you walk in the door!. The units provide a rustic cabin-like feel with a modern twist such as accent walls and backsplashes, class A finishes! This business caters to professional fishing tournaments and its summers are booked three years in advance!● 8 - 2BR -1.5BA Fully functioning kitchens, dining room, and family room with views of the Lake are available in some units 2019 built with fully furnished units including furniture, washer, dryers, fireplace, up to date fixtures, and appliances including: coffee maker, blender, toaster, dishwasher, dishes, utensils, linens, towels, internet, and TV, covered porch, 38ft pavilion outdoor grilling area (3 Grills), and a bench swing. Plus so much more! ● Outdoors is perfect for hunting and fishing and includes a boat ramp and dock. Rents ● Property that rents for $150 per night for two nights minimum. ● Rents could easily be raised to $200 – 225 per night. (They were at $200 per night before Covid) Out of fear the owner lowered the rents but he is currently booking so fast that the upside is evident!)

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Getting around

  • 6/100

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  • 20/100

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Location

  • City Waterloo, AL
  • Neighborhood Waterloo
  • Zip Code 35677

Points of Interest

  • Boat Ramp Parking

    8.50 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Paul McDonald

SVN | AVAT Realty

(256) 534-7401