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Hotels and Motels For Sale in Kentucky
  • Hotels and Motels For Sale in Kentucky

Eddy Bay Resort Lodging

  • Listing Id: 7159
  • Broker Name: Randall Forster
  • Category: Hotels and Motels
  • Asking Price: $1,100,000.00
  • EBITDA: $49,023.00
  • Real Estate: $1,035,000.00
  • Cash Flow: $49,023.00
  • Inventory: $35,000.00
  • No. Of Full-Time Employees: N/A
  • No. Of Part-Time Employees: N/A
  • Gross Income: $125,376.00
  • FF&E: $15,000.00
  • Year Built: N/A
  • Address: Click Here
  • Zip Code: Click Here
  • City: Lamasco
  • State: KY
  • Country: United States
  • Tenancy: Single
  • Occupancy: N/A
  • Lot Size: N/A
  • Available: Yes
Description

Imagine owning an income property in a laid-back resort setting where you only really work for about 8 months a year. Some of the built-in bonus's are that you can go boating, swimming and fishing just outside your back door, and you have some of the best scenery imaginable. The Lake Barkley and Kentucky Lake region is one of the premier outdoor recreation areas in the Country. This is the ideal place for family reunions, company outings, fishing tournaments, and relaxing outdoor vacations. The peak tourism season extends from Memorial Day through Labor Day, and includes fishing almost year around. The subject property offers a fully furnished 5-bedroom cabin, and two other buildings. Those two buildings are configured so that the bedrooms can be combined with a kitchen and other bedrooms, making them perfect for families. The property has a covered boat dock with 6 covered slips, and is in "deep water" year around.
Eddy Bay Resort offers 5.5 secluded acres with 685 feet of lake-front located in an inlet off of beautiful Lake Barkley in Kentucky. Eddy Bay Resort is just 4 miles south of I-24 on SR 93. Barkley Lake parallels Kentucky Lake, the world's largest man-made lake. Recreation and tourism are the most significant economic factors influencing the region. They are no longer a "dry county." There is an appraisal that supports the asking price.KY RE Lic. #: 63022Martin Commercial Group, 4004 Morgan Ave., Evansville, IN 812-471-2500

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