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
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!

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
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
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!
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

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,519 12,516
Median Age: 39.27 36.6
Households: 582 3,736


Photograph of Listing Agent

Bub Gideons

PHD Real Estate, LLC
Gulf Coast CMLS Member
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