Lakefront Event Center in Town Creek, AL - $1.895M - 11% Cap Rate, $2.2M Appraisal
Executive Overview
Key Investment Highlights
- •Lakefront event center with proven income potential
- •Prime location on Wilson Lake in Town Creek, AL
- •Impressive 11% cap rate with $2.2 million appraisal
- •Versatile property with event space and rental opportunities
- •Fully remodeled with modern amenities and classic charm
This exceptional property offers a unique investment opportunity, combining the appeal of a lakefront event venue with lucrative rental potential. Established in 1990 and meticulously remodeled in 2016, the lodge features five spacious bedrooms, each with private balconies overlooking Wilson Lake. The master suite boasts a luxurious jacuzzi, providing guests with a premium experience that sets this property apart from typical event centers.
Beyond the main lodge, the property includes a 30x50 storage building and a charming one-bedroom cabin, maximizing income potential through multiple revenue streams. The expansive 120x40 event room provides ample space for weddings, corporate events, and private gatherings. With its warm wood-burning fireplace, stunning lake views, and versatile spaces, this property represents a turnkey investment that combines lifestyle appeal with robust financial performance.