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2133 Allisona Rd - Magnolia Farm Wedding & Events

21,000 SF Specialty Building Offered at $8,103,978 CAD at a 6.05% Cap Rate in Eagleville, TN 37060

Investment Highlights

  • Excellent Income Generating Event Venue with Short Term Rentals

Executive Summary

$200K REDUCTION. Income Producing Venue and/or use as personal retreat. Already booked over $250k in venues YTD 2024!

Financial Summary (Pro forma - 2023) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2023) Click Here to Access

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $8,103,978 CAD
Price Per SF $386 CAD
Sale Type Investment or Owner User
Cap Rate 6.05%
Sale Conditions Business Value Included
Property Type Specialty
Property Subtype Lodge/Meeting Hall
Building Class B
Lot Size 35.00 AC
Building Size 21,000 SF
No. Stories 6
Year Built/Renovated 1990/2001

About 2133 Allisona Rd , Eagleville, TN 37060

REDUCED! Incredibly rare opportunity to own a one-of-a-kind wedding and event venue, as well as a multiple family property. Dwellings include a 4 bedroom/3 bath historic main home with large in-ground pool & 3 car garage, breathtaking bridal suite, 4 bedroom historic log cabin & charming 2 bedroom cottage, all of which are currently Airbnb rentals. The thoughtfully renovated & professionally decorated historic structures of this stunning estate are situated on 35.6 ac. Ideal for all kinds of celebrations & private gatherings & perfect for a luxuriously rustic family retreat. Event spaces include an authentic upscale carriage house with commercial kitchen & rolling doors, cozy lodge with stone fireplace, 10 stall horse stable (for horses or events!) as well as a vintage tobacco barn & additional barn with water/electric. This unique property has so much to offer, exuding rustic elegance with views from every angle & possibilities galore.

zoning

Zoning Code agricultural
agricultural
  • Listing ID: 30179050

  • Date on Market: 2023-11-28

  • Last Updated:

  • Address: 2133 Allisona Rd, Eagleville, TN 37060

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