ROYAL OAKS BED & BREAKFAST
Hospitality
for Sale
Also listed as Special Purpose
| Catylist Listing ID: |
29637257 |
| Property Subtypes: |
Bed & Breakfast, Casino, Chalet, Convention Center, Extended Stay, Hotel, Inn, Vacation Rental(s), Other
|
| Number of Units: |
5 Units |
| Building Size (RSF): |
2,420 SF |
| Gross Building Area: |
See Agent |
| Gross Land Area: |
1.80 Acres
|
| Sale Price: |
$790,000 |
| Unit Price: |
$158,000 Per Unit |
| Property Use Type: |
Investment, Business |
| Building Name: |
ROYAL OAKS BED & BREAKFST |
| Name of Establishment: |
ROYAL OAKS BED & BREAKFAST |
| Sale Terms: |
Cash to Seller, Other |
| Cap Rate: |
Undisclosed |
| Last Updated: |
11/30/2023 |
Overview / Comments
|
Atmore, Alabama! Royal Oaks Beautiful Bed & Breakfast or Country home with two private detached apartment suites steps from Wind Creek Casino and Entertainment Center. Great Business Opportunity with established clientele! Main house has 3 bedrooms with 2.5 baths. Toward the the rear of the property are two apartment suites for privacy or long term stays. The decor is perfectly and ambience is unforgettable.. Please call today!
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Additional Details
| Nearest MSA: |
Mobile |
| County: |
Escambia |
| Submarket Type: |
Other |
| Taxing Authority: |
Escambia CO AL |
| Tax ID/APN: |
11-09-32-0-200-002.032 |
| Zoning: |
UNZONED |
| Market Type: |
Medium |
| Retail Clientele: |
Family, Business, Traveler, Tourist, Recreation, Casino |
| Property Located Between: |
HWY 21 AND I-65 |
| Road Type: |
Paved, Highway |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
HWY 21 AND I-65 |
| Feet of Frontage: |
165 |
| Transportation: |
Bus, Shuttle, Highway, Taxi |
| Highway Access: |
HWY 21 AND I-65 |
| Airports: |
MOBILE |
| Site Description: |
STEPS AWAY FROM WINDCREEK CASINO AND HOTEL |
| Area Description: |
The largest city in Escambia County, this is a town dedicated to growth and redevelopment. A wholesale buy-in into downtown from the community and investors has spurred on growth, some of which has yet to be seen from the investors' purchases. All shops in the downtown area are either sold for rentals, owned and operated by the seller, or rented to a tenant. Atmore presently is in upwards of a $4.2 Million re-vitalization process with growth in the downtown area and surrounding areas. Included in that number are the restoration of the Strande Theatre and former Atmore Hardware Store; improvements to the Atmore Heritage Park with a new splash pad, new playground equipment, and a nod to the city's history from a decommissioned train car; and the New Trammell Square Park.
The City and Chamber are also working on beautification and hometown pride initiatives to enhance the downtown business district, as well as commercial and industrial properties. In 2019, the Alabama Historical Commission designated a portion of the city of Atmore as a commercial historic district. Atmore was also designated part of the Main Street Alabama non-profit organization that focuses on bringing jobs, dollars, and people back to Alabama's historic communities.
Home to a wide range of industries that have grown over the years, including agriculture, timber, textiles, metal fabrication, and communication companies. City leaders take a proactive approach to industrial recruitment by adding and selling buildings at the 150-acre Industrial Park, along with creating the Rivercane Development. The City of Atmore works in conjunction with the Atmore Area Chamber of Commerce, the Escambia County Industrial Development Authority, and the Coastal Gateway Regional Economic Development Alliance to attract new business and industry to the area while pursuing marketing strategies that promote the growth of our community and its existing industries. Atmore is perfectly positioned to be an attractive area for businesses while still retaining its warm, family charm. Current and future renovations in Atmore have made it an exciting place to be! |
| Nearby Attractions: |
WINDCREEK CASINO AND ENTERTAINMENT CENTER |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Property Condition: |
Excellent |
| Year Built: |
1986 |
| Construction/Siding: |
Vinyl Siding |
| Water Recreation: |
Outdoor Pool |
| Parking Type: |
Surface |
| Parking Description: |
16 Spaces |
| Heat Type: |
Electricity |
| Heat Source: |
Central |
| Internet Access: |
Cable |
| Zoning Description: |
UNZONED |
| Lot Frontage: |
165 |
| Lot Depth: |
434 |
| Legal Description: |
30-11-09-32-0-200-002.032 PPIN: 001855 |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
1,519 |
12,516 |
| Median Age: |
39.27 |
36.6 |
| Households: |
582 |
3,736 |
|
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