Five Acre North Carolina Motel With Private Lake For Sale

Business description

5 Acre North Carolina Motel With Private Stocked Lake & Home For Sale For $595,000! Owner is motivated to sell. This motel has been a family run business since it was established in 1987. It is situated on five wooded acres in the ever beautiful foothills of the Blue Ridge Mountains The elevation here is 3,000 feet which makes the nights cool & pleasant. All accommodations are air conditioned. The intimate setting is perfect for family reunions, weddings or just a small gathering of friends. Accommodations include efficiency rooms, family size suites with kitchens & cozy cottages. Each of the charming cottages sleep up to eight guests & have two bathrooms, mountain views & covered porches. All motel rooms have 2 full-size or one queen-size bed, either a large shower or bathtub/shower combination & sleep 1 - 4 guests. The suites comprise of one bedroom attached units large enough to sleep 4 - 6 people comfortably. Each unit has a fully equipped kitchen, satellite TV & VCR player, living room with sleeper sofa, bedroom has either 1 queen or 2 double beds, bath with either a shower or bathtub / shower combination. The Owner's house is a well maintained 3 bedroom, one & a half bath with an attached motel office. There are 5 acres of land that is partially wooded with plenty of room for expansion. Ideal situation to add more cabins or introduce a camping ground. The views from all parts of the property are spectacular & so relaxing. If you enjoy fishing, hot tubs while enjoying beautiful mountain views, clean mountain air, to swim, picnic, barbeque, or just float in an inner tube & forget your cares--please give us a call. Here you can also enjoy the best tasting spring water you have ever tasted!. Owner offers financing & will take $150,000 down payment!

Property information

Living accommodation:

3 bedroom, one & a half bathroom home is included in the sale

Location:

Centrally located on a scenic highway on 5 acres of property overlooking a large private stocked lake & close to many attractions such as Chimney Rock Park, the Blue Ridge Parkway, Biltmore Estate, Flat Rock Playhouse & Lake Lure Tours, yet it is only a short drive away to Mount. Mitchell, Cherokee Indian Reservation NC, Harrah's Casino, Grandfather Mountain & Great Smoky Mountain Railroad Breathtaking mountain views & easily accessible makes this motel a popular choice.

Premises details:

Motel & home on 5 acres of property.

Other information

Expansion potential:

Good possibilities of expanding by adding more cabins or even a camping ground.

Competition / Market:

No concerns

Support & training:

Owner offers training & support as needed.

Reasons for selling:

Owner wishes to retire

Trading hours:

Monday through Sunday from 9:00am to 10:00pm
:

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Owner financing available with a $150,000 down payment

Furniture / Fixtures value:

$45,000 (included in the asking price)

Inventory / Stock value:

$50,000 (included in the asking price)