Income Producing Property

motel or weekly rentals
Motel or Weekly Rentals

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86 Forest Cove RD ALL
FRANKLIN, NC 28734
  • Price: $650,000
  • Bedrooms: 12
  • Bathrooms: 11
  • Square feet: 4,000
Great opportunity to run a motel while living beside it in a 2200 sq ft cap cod style home.  Also included is a 1 bedroom 1 bath cabin.  The listing features an 8 bedroom motel/efficiencies, huge 3 bedroom home with full basement and carport, 4 additional acres with city water/sewer.  Plenty of room to add cabins/duplexes or any kind of rental to up monthly income.  Property has a 10% cap rate and needs very little work time to run the business.  This is a very good deal on this property ask agent for income and expenses.

3 bedroom 2 bath home with basement
3 bedroom 2 bath home with basement

cabin. this cabin is set up as a dining room with tables and a huge kitchen. screened in porch has outside seating. could be used for multiple things.
Cabin. - This cabin is set up as a dining room with tables and a huge kitchen. Screened in porch has outside seating. Could be used for multiple things.

parking lot at motel
Parking lot at Motel

additonal acreage 4 acres with city water and sewer. this land is perfect for cabins or any type of future rentals. there is good timber on the property and can be sold.
Additonal Acreage - 4 Acres with city water and sewer. This land is perfect for cabins or any type of future rentals. There is good timber on the property and can be sold.

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