Map
Listed price in listed location currency (USD).
$535,000

008

MLS® 26022892

Overview

Key Facts

Type Hotel/Motel
Levels Commercial Sale
Size 4920 sqft
Garage No
Maintenance Fees 
Taxes 
Days Active 3
Approx. Age 2008
Avg. Price Per Sqft $108
MLS® Number 26022892

Property Address: 786-786 Ray Mann Rd, Jamestown, KY, 42629-6505

Average square foot calculated using Size range provided by listing agent.

Description

MLS is not letting me add a lot of photos. Check out the tour to see all rooms. Or check out the mystate mls listing. Profit and Loss statement available by contacting listing agent. Property is making $30-$40k are year - past two years. Incredible Investment Opportunity in Wolf Creek Dam area! Are you looking for a property with endless possibilities? This modern motel offers a rare chance to own a prime piece of real estate in one of the most sought-after lake areas. Sitting on over 3 acres and featuring 8 fully furnished rooms, this property is truly one of a kind. Property Highlights: • 8 rooms - each with double queen beds • Mini fridge, towels, and linens included • Keypad entry for easy rentals • Boat plug-ins outside each room • One water heater for every two rooms • Completely furnished & ready to rent • Washer and dryer included • Large parking lot with room to turn boats Location Perks: This is the last property by the Cumberland River boat ramp. Launch your boat and park it right on your own property! With plenty of space to expand, you could easily add a kayak rental business, boat storage, or a garage for even more income potential. Endless Potential: Use it as a turnkey investment property, create a family lake compound, or go in with friends to own your own shared getaway with a common gathering space. Owners have rental history from the past couple of years, making this an excellent income-producing opportunity. Prime location. Multiple revenue possibilities. Rare find. Opportunities like this don't come along often-and it won't last long.
MLS® Number26022892
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2008
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatOther
A/COther

Extras

Map

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