Income Producing Property

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.
Contact:
Benjamin Vanhook

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.

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.