Map location1024 Paradise Dr. , Murray, KY 42071
FOR SALE - OFFERS DUE BY December 10TH 2PM CST
AMERICA’S PARADISE RESORT - ON KENTUCKY LAKE
1024 Paradise Dr. Murray KY 42071
OPEN AND OPERATING
Picturesque secluded resort with pool and RV Park development opportunity. If you’re an investor then take a look at the gross and net income, ROI and tremendous upside growth potential and property enhancements. If you are an owner/operator you now have a tremendous opportunity to enhance upon what we’ve been doing right and continue to improve upon our customer satisfaction ratings. Create upside potential by adding condos/cottages and an RV park to increase your revenue base.
Currently there are 15 rental units that will accommodate up to 116 guests.
7.3 acres with RARE five acre permanent easement to Kentucky Lake.
Marina - offers gas, slip rentals and 3 pontoon boat rentals included in sale
Docks - 30 slips, 28 covered and 4 are uncovered. Plans call for 32 additional slips and doubling size of marina.
This is a great pandemic proof investment as income has grown by almost $40,000 over 2019.
Inspection period: December 5th - 6th all day.
REGISTER on the website www.theexchangeusa.com to view and download all due diligence materials including the property financials. Mark the date and make your offers between December 8-10th !
www.theexchangeusa.com - 417-838-7269 or firstname.lastname@example.org
Additional sources of Income potential:
- The option to add 10 more condominiums to the property producing 100 more guests.
- The option to double the size of the marina dock. Doubling marina income.
- The option to add an RV park to the property with 41 RV spaces at $1,000 per month/space.
- New dock planned with additional 28 slips @ $20/day/slip
- Jet ski – ski boat – house boat rentals $50-$100 per 4 hour rental.
- Lease vacant slips
Check out the Planned expansion drawing.