Welcome Valley Village

Hospitality for Sale
Catylist Listing ID: 30534098
Property Subtypes: Recreation Cabins, Vacation Rental(s)
Number of Units: 6 Units
Building Size (RSF): 9,179 SF
Gross Building Area: See Agent
Gross Land Area: 17 Acres
Sale Price: $1,400,000
Unit Price: $233,333.33 Per Unit
Ceiling: 9 ft.
Property Use Type: Vacant/Owner-User, Business
Name of Establishment: Welcome Valley Village
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/1/2020

Overview / Comments

Situated on approximately 17 +/- acres with 944.5 +/- feet of Ocoee River frontage, Welcome Valley Village is currently an ongoing business comprised of an owner's residence, 5 guest cabins of varying sizes, a riverfront event and gathering pavilion with dock, pergola and restroom facilities, a pedestrian bridge, a basketball court - all surrounded by a private and serene wooded setting within 20 minutes of Cleveland, 45 minutes of Chattanooga and 3 miles from the town of Benton. Whether you are looking for a new business or investment venture or simply a change of pace, then this could be the opportunity that you have been waiting for. Some of the natural materials in the main house and cabins feature log siding, Yellow Pine tongue and groove flooring, knotty pine interior walls, stacked stone wood burning fireplaces, lovely natural lighting through ample windows, as well as wonderful outdoor living spaces. The main house has a private driveway with a circular portion accessing the 25 X 25 timber framed carport and the 2 story "Barn" which has room for a workshop, tons of storage or even a second story guest quarters if desired. Set among the trees, the main house boasts winter river views and year round serenity with a covered front porch and rear deck offering outdoor living and entertaining spaces. The basement level has an office with a separate entry for guest check-in, a laundry facility with a garage door for easy access by housekeeping, great storage for linens and such, and a storm shelter space. The main level has an open floor plan including the great room that has a beamed ceiling, a stacked stone fireplace, French doors to the rear deck and opens to the kitchen and dining areas. There is also an office and powder room. The master suite plus 2 bedrooms and a full bath are on the upper level. The 5 cabins continue the rustic and comfortable theme with such names as "The Ivy" and "The Pines". All of them are unique but equally appealing and have outdoor living spaces, main level bedroom(s) and additional loft style sleeping or living areas depending on how you choose to present and use them. Most of them have paths to their own little clearings with fire pits and/or views of the river. The property has been the site of many events, including weddings and family reunions with white water river rafting nearby a favorite destination activity. Check out their official website at welcomevalleyvillage.com and see various attachments with additional information. Information is deemed reliable but not guaranteed. Buyer to verify any and all information they deem important.

Additional Details

Nearest MSA: Cleveland
County: Polk
Taxing Authority: Polk County
Tax ID/APN: 055 05503 & 055 056.01
Zoning: NONE
Retail Clientele: Family, Traveler, Tourist, Recreation
Property Located Between: Benton and Cleveland
Largest Nearby Street: US 64
Highway Access: US 64, US 74, I-75
Airports: Chattanooga, Knoxville
Site Description: 2 parcels totaling 17 +/ mostly wooded acres with 967+/- feet of river frontage
Area Description: Vacation destination for white water rafters, campers, nature lovers
Nearby Attractions: Ocoee River Rafting, Cherokee National Forest, Lake Ocoee, Ocee Scenic Byway
Total Number of Buildings: 8
Number of Stories: 2
Property Condition: Good
Year Built: 1992
Roof Type: Gable
Construction/Siding: Stone, Wood Frame, Wood Siding, Other
Average Occupancy Rate: 68
Water Recreation: Other
Exterior Description: Log cabins
Parking Type: Surface, Other
Parking Description: Owner's residence has a circular driveway, 25 X 25 timber frame carport and off street parking. Cabins have gravel drives/parking areas.
Sprinklers: None
Laundry: Shared
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Interior Description: Log or wood panel and tongue and groove wood floors. at least one bedroom in each cabin on the main with a loft for additional sleeping quarters. See attached detailed descriptions.
Zoning Description: None
In Flood Plain?: Yes
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 5 miles
Total Population: 6,961
Median Age: 40.44
Households: 2,659

Contact

Photograph of Listing Agent

Jay Robinson

Keller Williams Realty Greater Chattanooga REALTORS® Member
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