50+ Unit Hotel on 28 Acres next to Cumberland Waterfall

11251 Kentucky 90, Parkers Lake, KY

$3,000,000

Price

75

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Overview
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75
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Description

This is the most incredible investment opportunity for someone who appreciates the outdoors and a beautiful serene environment with WATERFALLS! This place is a piece of heaven on earth. This is the only private property with a hotel in the State Park. 50 Unit Hotel in need of Renovation with 41 RV hookups around the 4 Acre lake, Public Restroom and 4 cabins on site currently with plans to build 25 cabins. This property is in walking distance to trail 9 which leads right to the second largest waterfall in the US...Cumberland Falls and also along the trail to Eagle Falls!!! Also within walking distance is an old western town called Six Gun City and just over an hour away, newly built Noah's Ark replica is just over an hour from this site. My kids and I love this place, we are looking forward to the renovations being completed. There is a 2 story cabin to stay during your visit, if you are interested in buying this property. Let's make this a wonderful family retreat destination.

***Seller will consider Joint Venture/Seller Financing.


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