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LAKEVIEW LODGE 1424 Fisherman Dr

13 Room Hotel Ferriday, LA 71334 $1,848,600 CAD ($142,200 CAD/Room)

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Investment Highlights

HIGH TRAFFIC AREA
13 RENTABLE ROOMS WITH MANY ADDITIONAL RV SPOTS

ESTABLISHED BUSINESS

Executive Summary

ESTABLISHED, INCOME PRODUCING BUSINESS ON GORGEOUS LAKE CONCORDIA IN FERRIDAY, LA.

Property Facts

Price	$1,848,600 CAD	Building Size	11,556 SF
Price Per Room	$142,200 CAD	No. Rooms	13
Sale Type	Investment	No. Stories	1
Sale Conditions	1031 Exchange Business Value Included	Year Built	1970
Property Type	Hospitality	Parking Ratio	2.4/1,000 SF
Property Subtype	Hotel	Corridor	Exterior
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size	3.73 AC

Price	$1,848,600 CAD
Price Per Room	$142,200 CAD
Sale Type	Investment
Sale Conditions	1031 Exchange Business Value Included
Property Type	Hospitality
Property Subtype	Hotel
Building Class	C
Lot Size	3.73 AC
Building Size	11,556 SF
No. Rooms	13
No. Stories	1
Year Built	1970
Parking Ratio	2.4/1,000 SF
Corridor	Exterior
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

High Speed Internet Access
Patio

Public Access Wifi
Smoke-Free

Fully-Equipped Kitchen

Multi-Room Suites

About 1424 Fisherman Dr , Ferriday, LA 71334

Lakeview Lodge is located on the south end of beautiful Lake Concordia near Ferriday, LA. Just minutes away from Vidalia, LA and the tourist mecca of Natchez, Ms. Lake Concordia is an oxbow of the Mississippi river. Cypress trees line the bank of this 1,000-acre lake. It is an open lake used for both recreational boating and fishing. The lake is stocked with Florida strain largemouth bass. The lake record for largemouth bass is 13lbs 4oz caught in March 1998. Other species that are highly sought after are, sac a lait, bluegill, chinquapin (red ear sunfish, shell crackers) and catfish. The lake is also home to an abundance of wildlife. At any time you could see Deer, Squirrels, Racoons and Alligators. The area also boasts populations of Owls, Hawks and different waterfowl such as Ducks, Geese, and Herons. Lakeview Lodge is a wonderful place to spend your vacation. Call today to view this Turn Key Income Producing property! *Does not include residential home adjoining property*