About This Home

This 0-bedroom, 0-bathroom commercial at 786 Ray Mann Road in Jamestown, KY is listed for $535,000 ($109 per sqft). Built in 2008, the home offers 4,920 sqft of living space on a 3.10 acres lot.

Key Features

  • Built in 2008
  • 3.10 acre lot
  • 8 parking spaces

Property Details

8 spaces
2008

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$2,861/mo

20% down · 6.5% · 30 years

Principal$387
Interest$2,318
Insurance$156

Estimates only. Actual payments may vary.

Location

786 Ray Mann Road

Jamestown, KY 42629

Property Details

Construction

Vinyl Siding

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 786 Ray Mann Road is listed at $535,000 ($109/sqft). The estimated monthly payment is $2,861 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2008, 3.10 acre lot, 8 parking spaces.

This property is listed by Barbara Mcwhorter.

BM

Barbara Mcwhorter

Agent at The Realty Firm - Byrdstown

Listed by The Realty Firm - Byrdstown · Broker phone: (931) 864-0404 · Broker website

MLS# 26022892· Source: ImagineMLS· 69 days on PropertySimple

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786 Ray Mann Road, Jamestown, KY 42629

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