Investors dream of a place like this! Nicely remodeled apartment complex with adjoining RV Park less than one mile from Kentucky Lake. Located between Draffenville and Gilbertsville and within minutes of TVA public boat ramp with two courtesy docks. Currently rented on a month to month basis with seven apartments and six RV sites--over $9,000 monthly rent roll. Additional office space and storage building. Ideal for those needing minimal space for seasonal work or regional assignments--construction workers, traveling medical professionals, students, professors. Attractive to fishermen, hunters, and lovers of Kentucky Lake. Make this your full-time rental investment or be creative and increase your income by converting it back to a motel. Limited only by your imagination. Location is everything!
| MLS # | 26016145 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1984 |
| Days On Site | 54 |
| Listing Provided By | Kopperud Realty | Gale B Sharp |
| SQ Feet | 2,580 |
|---|---|
| Zoning | None |
| Acreage | 2.30 |
| Cooling | Multi Units, Zoned |
|---|---|
| Heating | Zoned |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Roof | Metal |
|---|---|
| Construction Materials | Block, Vinyl Siding |
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Gravel, Paved |
| Utilities | Cable Available, Electricity Available, Natural Gas Available, Water Available |
|---|---|
| Sewer | Septic Tank |
| State | KY |
|---|---|
| County | Marshall |
| City | Gilbertsville |
| Zip Code | 42044 |
| Area | 115 Marshall County |
| Subarea | Marshall County |
| Community Name | Marshall County |
| Listing VS Median (in Marshall County) | |
Price: $650,000 low | high Med: $372,400 sqft: 2,580 low | high Med: 1,925 $ / sqft: $252 low | high Med: $190 On site: 54 low | high Med: 57.5 | |
| State | KY |
|---|---|
| County | Marshall |
| City | Gilbertsville |
| Zip Code | 42044 |
| Area | 115 Marshall County |
| Subarea | Marshall County |
| Community Name | Marshall County |
| Listing VS Median (in Marshall County) | |
Price: $650,000 low | high Med: $372,400 sqft: 2,580 low | high Med: 1,925 $ / sqft: $252 low | high Med: $190 On site: 54 low | high Med: 57.5 | |