5606 Oakhill Rd NE - Oakwoods Cabin Rentals
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5606 Oakhill Rd NE - Oakwoods Cabin Rentals
5,200 SF Specialty Building Offered at $2,090,768 CAD at a 9.76% Cap Rate in Fort Payne, AL 35967
Executive Summary
-Turnkey Short-Term Rental Opportunity!- Eight Cabins!
-268k Trailing 12 Revenue AND CLIMBING!
-(8) 1 BR/ 1 BA cabins, scattered on a gated 20 acre property, centrally located between tourism hotspots in northeast Alabama.
-Each cabin is fully furnished with stainless steel appliances, hot tubs, fire pits and more. Spaced an oriented in a way to maintain privacy from other cabins.
-The first set of four were built in 2020-2021, and the second set of four were built in 2022-2023
-Room for expansion! Property can hold up to twelve (12) total bedrooms as-is. Plans to build two 2 BR/2 BA cabins, or one 4BR/4BA lodge/event venue at the end of the private drive.
*More info to come!*
-268k Trailing 12 Revenue AND CLIMBING!
-(8) 1 BR/ 1 BA cabins, scattered on a gated 20 acre property, centrally located between tourism hotspots in northeast Alabama.
-Each cabin is fully furnished with stainless steel appliances, hot tubs, fire pits and more. Spaced an oriented in a way to maintain privacy from other cabins.
-The first set of four were built in 2020-2021, and the second set of four were built in 2022-2023
-Room for expansion! Property can hold up to twelve (12) total bedrooms as-is. Plans to build two 2 BR/2 BA cabins, or one 4BR/4BA lodge/event venue at the end of the private drive.
*More info to come!*
Financial Summary (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,090,768 CAD | Building Class | C |
| Price Per SF | $402 CAD | Lot Size | 19.83 AC |
| Sale Type | Investment | Building Size | 5,200 SF |
| Cap Rate | 9.76% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2023 |
| Price | $2,090,768 CAD |
| Price Per SF | $402 CAD |
| Sale Type | Investment |
| Cap Rate | 9.76% |
| Property Type | Specialty |
| Building Class | C |
| Lot Size | 19.83 AC |
| Building Size | 5,200 SF |
| No. Stories | 1 |
| Year Built | 2023 |
1 of 1
zoning
| Zoning Code | AG (Agricultural) |
| AG (Agricultural) |
-
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5606 Oakhill Rd NE - Oakwoods Cabin Rentals
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