972 King Creek Rd Benton, KY 42025
- Commercial real estate
- 15,824 SF
Current Use by Public Records
- King Creek Resort & Marina / Resort Hotel
Property Details for 972 King Creek Rd
- Property size
- 15,824 SF
- Property type
- Commercial real estate
Description
This exceptional turnkey opportunity presents the chance to acquire Blommaert's King Creek Resort & Marina, a thriving lakeside establishment situated on Kentucky Lake near Benton, KY. Spanning over 10 acres (approximate), the property boasts eight waterfront cottages offering spectacular lake views, each equipped with covered decks and recently updated amenities. The resort also features 67 campsites, a bathhouse, and a laundry facility, providing comprehensive amenities for guests. A manager's residence is included on the property. Further enhancing the revenue streams are 46 covered and 10 open boat slips, complete with fuel and live bait sales, ensuring convenient access to deep water for boaters. The resort also includes a range of boat rental equipment, including tri-toons, pontoons, and bass trackers (a detailed inventory is available upon request). The property benefits from recurring annual bookings, demonstrating a consistent revenue stream. Significant potential exists for future expansion given the available land. The sale includes the established "King Creek Resort & Marina" name, allowing for immediate continuation of operations. This well-maintained property is ready for immediate takeover and requires no additional investment. The predominantly seasonal camper base provides a strong foundation for continued success.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Benton
- County
- Marshall
- State
- Kentucky
- Longitude
- -88.2276
- Latitude
- 36.8884
