1424 Fishermans Dr Ferriday, LA 71334
Lakeview Lodge, situated on the southern shore of scenic Lake Concordia near Ferriday, Louisiana, presents a unique investment opportunity. This turnkey commercial property boasts 24 RV spaces, providing ample revenue potential. The lodge also features 13 guest rooms, catering to a diverse clientele seeking a tranquil lakeside retreat. The property's 3.73-acre lot offers expansive waterfront access to the 1,000-acre Lake Concordia, an oxbow lake of the Mississippi River. Known for its abundant cypress trees and diverse wildlife, the lake is a haven for recreational boating and fishing enthusiasts. Lake Concordia is stocked with Florida strain largemouth bass, and other popular game fish include sac-a-lait, bluegill, chinquapin, and catfish. Beyond the fishing, the area is rich in wildlife viewing opportunities, with deer, squirrels, raccoons, alligators, owls, hawks, ducks, geese, and herons frequently sighted. The lodge's location offers convenient access to nearby Vidalia, Louisiana, and Natchez, Mississippi. This property is being offered at $1,300,000. Please note that the adjacent residential home is not included in this sale. This is an exceptional opportunity to acquire a well-established, income-generating business in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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