Shem Creek facing Hotel room for sale, offered as one unit in very popular Shem Creek Inn Hotel. This is a condo-tel, ownership offers you, the owner possible net income, with some limited use options. This is not a condo you can move in. Great option for passive owner, ideally seeking income and occasional use. Full details available. Subject to hotel management agreement and Condo HOA requirements. CAP rate estimate on current income of 6.3 % Info contained here is estimate, but any and all deemed important to be verified by buyer.
Listing Date: 10-16-2018
Sold Date: 11-09-2018
Aprox Days on Market: 
23 day(s)
Listing Sold: 
5 Year(s), 5 month(s), 16 day(s) ago
Original Asking Price: $230,000
Asking Price: $230,000
Selling Price: $225,000
Price Difference From Original:
Reduced By $5,000
Price Difference From Asking:
Reduced By $5,000
Grazing Permits Forest Service: Yes
Grazing Permits Private: Yes
Grazing Permits Blm: Yes
Horse: No
Farm Credit Service Incl: Yes
Community Features: Elevators
Fullbaths: 1
Levels: One
Year Built: 1986
Rent Control: No
Pool Private: No
Gar Pkg: Attached, Detached, Off Street, Other (Use Remarks)
Garage: No
Attached Garage: No
Interior Features: Other (Use Remarks)
Fireplace: No
Lot Size Units: Acres
Acres: 0.00
Irrigation Water Rights: Yes
Mobile Home Remains: Yes
Property Type: A
Stories: 3
Foundation: Raised
New Construction: No
Building Area Units: Square Feet
View: No
Home Warranty: Yes
Habitable Residence: Yes
Structure Type: Condo Regime
Beds: 1
Sold Date: 2018-11-09T00:00:00
Lease Renewal Option: Yes
Lease Considered: Yes
Lease Assignable: Yes
Sqft: 330
Unit: 118
Water Source: Public
Utilities: Mt. P. W/S Comm, SCE & G
Heating: Yes
Heat: Electric
Water Sewer: Public Sewer
Cooling: Yes
Water Front Features: River Front
Waterfront: Yes
Courtesy of listing office AgentOwned Realty Preferred Group - 843-884-7300