786 Ray Mann Road,Jamestown, KY 42629
Jamestown, KY 42629
Description
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.
Details
| MLS # | 26022892 |
|---|---|
| Listing Type | For Sale |
| Style | Hotel/motel |
| Sub-Type | Resale |
| Status | Contingent |
| Year | 2008 |
| Days On Site | 31 |
| Listing Provided By | The Realty Firm - Byrdstown | Barbara McWhorter |
Features
| SQ Feet | 4,920 |
|---|---|
| Building(s) | 1 |
| Zoning | None |
| Acreage | 3.10 |
Interior
| Cooling | Other |
|---|---|
| Heating | Other |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
Exterior
| Roof | Shingle |
|---|---|
| Construction Materials | Vinyl Siding |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Gravel, On Site |
Utilities
| Utilities | Sewer Connected, Water Connected |
|---|---|
| Sewer | Private Sewer |
Area Information
| State | KY |
|---|---|
| County | Russell |
| City | Jamestown |
| Zip Code | 42629 |
| Area | 046 Russell County |
| Subarea | Russell County |
| Listing VS Median (in 42629) | |
Price: $535,000 low | high Med: $320,000 sqft: 4,920 low | high Med: 1,750 $ / sqft: $109 low | high Med: $183 On site: 31 low | high Med: 4 | |
Market Activity 42629
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Learn More About This Property
| State | KY |
|---|---|
| County | Russell |
| City | Jamestown |
| Zip Code | 42629 |
| Area | 046 Russell County |
| Subarea | Russell County |
| Listing VS Median (in 42629) | |
Price: $535,000 low | high Med: $320,000 sqft: 4,920 low | high Med: 1,750 $ / sqft: $109 low | high Med: $183 On site: 31 low | high Med: 4 | |