8 Mountain Cabins For Sale Price Reduced to $575,000

Franklin, NC (Macon County)

8 Mountain Cabins For Sale Price Reduced to $575,000

Asking Price:$650,000

Cash Flow:$30,000

Gross Revenue:$70,000

EBITDA:N/A

FF&E:$75,000

Inventory:N/A

Real Estate:N/A

Established:2006

8 Mountain Cabins For Sale Price Reduced to $575,000

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Business Description

Perfect for Family Reunions, Group Retreats, or a Couples Get-a-Way

Almost 7 acres. 8 Cabins scattered around 3 acres and almost 4 acres of undeveloped hill side. Perfect for clearing and adding more cabins. Paved driveway, plenty of off street safe parking for guests cars, bikes, or bike trailers.
Our concept is immaculate, updated, unique, affordable, Family Vacation Rentals.
For more pictures and info go to; www.sleepyhollowmountaincabins.com
Location
Sleepy Hollow is located 8 miles North of Franklin North Carolina in Cowee Valley, the Gem Mine Capital of the World. There are 6 gem mines within 6 miles. The property is 1 mile from the popular Sheffield mine that has been featured several times on the Travel Channel. Franklin is well known for the Gem Mines that Tiffany's mined for years. When they were no longer productive enough for commercial mining Tiffany sold them to Individuals who opened them to the public. It is a very popular pastime for people all over the US. Sleepy Hollow is centrally located and the perfect spot for day trips to various attractions in the area. Trout fishing, hiking, waterfalls, golf, river rafting and tubing just minutes away. 35 miles from Harrah's Casino in Cherokee.
Cabins
The property consist of eight 1, 2, 3 and 4 bedroom cabins. Our large one bedroom that sleeps 6 is handicap friendly. It has a wheelchair ramp, wide front and side decks. Large Bath with tall easy transfer toilet and plenty of space for wheelchair turn around. Each cabin has a fully equipped kitchen. All appliances, kitchen furnishings and utensils, including micro waves, coffee pots, slow cookers, mixers, blenders, toasters and every thing a guest would need for short or extended stays are included in the sale.
One cabin has central air and heat, The other 7 have window unit AC's, and electric heat.
There are 2 satellites on the property for Dish TV.
All linens for beds, baths, and kitchens will be included in the sale. There is enough linen for change overs. There is a Laundry Room with 2 washers and 2 dryers that we offer Free to guest.
Grounds
There is a shallow creek that runs along the bottom tier of property, Several Picnic areas, 5 bar-b-Que grills, a large play area for kids and pets to play safely. There are several sets of swings, and 2 large fire pits, a Deck with Canopy by the creek furnished for dining or hanging out. Blue Berries, Black berries, Grape Arbor, and a Pear tree.
Large Barn/Work shop with attached covered area for outside storage. A lot of hand tools, electric tools, garden tools and lawn equipment will be included in the sale. Electric and plumbing supplies, tons of paint and painting supplies. Too many miscellaneous supplies to mention.
Yard Games including Tether Ball, Soccer nets and ball, Badminton, Volley Ball, Crochet, Gloves, balls and bats, footballs, bean bag toss and more.
Each Cabin is uniquely furnished as a home not as a hotel. The decor is eclectic with interesting pieces collected over the years. All included in the sale price with the exception of the managers Cabin.
The property is serviced by 2 wells and 5 septic tanks.

Detailed Information

Real Estate:
Owned
Building Sq. Ft.:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
Franklin has gone from an overnight stop over town to a Vacation Destination. We are the only property in the area large enough to accommodate large family reunions or Group Retreats. Most of the rentals in the area are individual homes. Having multiple cabins gives us a leg up on families with 12 guest or more. All together the cabins sleep 40 guests Our highest grossing year was $70,000. When we had to hire a management team due to poor health our revenue fell drastically. We are back running the business ourselves and things are picking up again.
Growth & Expansion:
Due to poor health we were forced to hire a management team to run the business for 3 years. During that time there was little to no growth. Actually some months were down as much as 35%. My husband and I have taken it back over and are building the business back up, but it is too much for us so we have decided to Sell. There are apx. 3 to acres of hillside, undeveloped land that could be cleared and cabins added. There is enough flat cleared land to add cabins or several camping sites. For Growth, Additional advertising, Hot Tubs, Food, fishing pond.
Support & Training:
Owners are willing to stay on site for 2 weeks and be available by phone for support as long as necessary.
Reason for Selling:
Health.
Business Website:
http://www.sleepyhollowmountaincabins.com

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Business Listed By:
Deanna Dye

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