Eddyville, KY 42038 - Lyon County

EDDY BAY RESORT LODGE

WATERFRONT HOME & RESORT SUITES

INSPECTION DATE: Saturday, October 29th 1-3pm

8 SLIP DEEP WATER DOCK

INVESTMENT OPPORTUNITY!

INCOME PRODUCING PROPERTY!

Potential Yearly Income of $886,900.00 Based On One Year Full Occupancy!

REAL ESTATE DETAILS:

Tract 1: WATERFRONT HOME, OFFICE WITH 1 CAR GARAGE & 8 SLIP BOAT DOCK

Waterfront Home: The Waterfront Home Features 3 Kitchens, 5 Bedrooms, And 4 Baths. The Home Offers An Open Floor Plan, A Finished Walkout Basement, And Excellent Views Of Lake Barkley. Also On The Property Is A Detached 1 Car Garage & Office Area. This Property Could Be Used For Residential Or Commercial. The Home Currently Rents For $2145/Week or $335/Night In The Prime Months Of June, July, August And $2015/Week Or $310/Night In The Off Season.

Docking: Year-Round Deep Water Suitable for Docking, 8 Slip Deep Water Dock with 6 Covered Slips, and a Large Swim Platform. Belongs With Tracts 1 And 2. If The Tracts Sell Separate, Buyers Of The Tracts Will Have To Develop Community Ownership Of Boat Dock.

Tract 2: LAKESIDE SUITES

Lakeside Suites: The Suites have 6 Apartments with 1 Bedroom, 1 Bath, and Kitchen. These Units Rent For $110/$120Night or $715/$780Week.

Tract 3: HILLTOP RESORT UNITS & STORAGE BARN

Hilltop Resort Units: The Hilltop Resort Has Either 5 Two Bedroom Units With Kitchen, Or 10 One Bedroom Units When Closed From Bottom To Top Level. Additionally, There Is A Single Motel Room For A Total Possible 11 Unit Rental. The Upper Level 2 Bedrooms Rent For $130/Night Or $845/Week, And The Motel Room Rents For $100/Night Or $650/Week.

Storage Barn: 40X40 Storage barn with a 24X40 Covered Area.

REAL ESTATE OFFERED AT 10:00 AM

AUCTION HELD ON SITE!