Kentucky River Front RV Park and Marina

Hospitality for Sale
Catylist Listing ID: 30278300
Number of Units: 100 Units
Building Size (RSF): See Agent
Gross Building Area: See Agent
Gross Land Area: 58.80 Acres
Sale Price: $1,200,000
Unit Price: $12,000 Per Unit
Property Use Type: Investment, Business
Name of Establishment: Cummins Ferry Resort Campground and Marina
Sale Terms: Cash to Seller
Cap Rate: 9.0%
Last Updated: 5/15/2018

Overview / Comments

Absolutely meticulous RV Park and Marina that features 100 RV sites, 43 tent sites, a boat launch, marina dock both covered and uncovered (secondary dock needs some TLC), In ground pool, convenience store, maintenance facility and much, much more! Enjoy this peaceful environment with beautiful views of the KY River Palisades with water falls and an abundance of wildlife. This gorgeous property is almost 59 acres and has plenty of marketable timber and the perfect areas for multiple cabins or tree houses to boost the rental income.

Additional Details

Nearest MSA: Lexington-Fayette
County: Mercer
Zoning: RV
Retail Clientele: Tourist, Recreation
Property Visibility: Excellent
Feet of Frontage: 600
Total Number of Buildings: 3
Property Condition: Excellent
Parking Type: Surface
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,764 4,766
Median Age: 45.62 44.39
Households: 1,122 1,945


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