5843 SCOTTSBORO HWY

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5843 SCOTTSBORO HWY

SCOTTSBORO, AL 35769-9340
Asking Price
$8.00M
Asset Type
RV Park Multifamily
Class
Class B

What's Special

A Stunning 38-Acre, 22-Unit Glamping Retreat Near the Shores of Guntersville Lake, AL <ul><li>​<strong>Diverse Accommodation Options</strong>: The resort features a variety of lodging choices, such as treehouses, glamping tents, tiny cottages, and two-bedroom cabins, catering to different guest preferences and enhancing occupancy potential.</li><li>​<strong>High-End Amenities</strong>: Guests can enjoy private hot tubs, fire pits, and access to the Nordic Cycle Wellness Station, which includes a cedar soaking tub, sauna, and cold plunge, elevating the guest experience and justify

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NOI
$80,000
Cap Rate
1.00%
DSCR
0.17
Underwater
Cash-on-Cash
-16.46%
Monthly Payment
$39,579.635
Annual Cash Flow
$-394,955.621

Location & Travel Times