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14629 Rainbarrel Road
Charlotte, NC 28278 Steele Creek

Price Upon Request

Hotel For Sale  •  5,558 SF

Property Details

  • Property Type Hotel
  • Total Building Size 5,558 SF
  • Lot Size 14.39 AC
  • Building Class B
  • Year Built 1978
  • Zoning N1
0 Transit Score
3 Walk Score

Highlights

Strategically located on Lake Wylie, Long Cove offers direct access just 23 minutes from Uptown Charlotte.
Long Cove features 35 rental cabins, a private beach, several event venues, as well as a marina with 112 wet slips.
Recent and in process CAPEX improvements including the planned renovation of a swimming pool and jacuzzi will benefit the next owner.
Significant growth in revenue and NOI projected due to completion of a resort-style pool & jacuzzi, a 484 SF meeting room to drive weekday occupancy
For TTM ending June 30, 2025, Long Cove generated $617,000 in NOI on $1,458,000 in Gross Revenue.
Projected stabilized (Year 3) NOI is estimated to be $1,369,000 on $2,590,000 in gross revenue.

Property Flyers

Amenities

  • Pool
  • Patio
  • Marina
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen
  • Multi-Room Suites

Public Transportation

AirportDriveWalkDistance
Charlotte/Douglas International 25 min - 11.5 mi
Concord-Padgett Regional 46 min - 33.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 36
Type: Surface
Included in Rent: Yes
Andrew Cantor 404-978-2347 Colliers
Andrew Cantor 404-978-2347 Colliers