620 Coomer Rd Burnside, KY 42519
- Commercial real estate
- 4.10 lot acres
Current Use by Public Records
- Cumberland Cove Cottages / Cabin Rental Agency
Property Details for 620 Coomer Rd
- Lot size
- 4.10 lot acres
- Property type
- Commercial real estate
Description
This exceptional investment property, located at 620 Coomer Road in Burnside, Kentucky, presents a unique opportunity in the thriving Lake Cumberland tourism market. The property encompasses 4.1 acres of land and includes seven fully furnished cottages, each equipped with a kitchen, bathroom, bedrooms, living area, and a covered deck. All cottages feature refrigerators, stoves, televisions, and HVAC systems. Beyond the cottages, the property boasts 32 annual campsites, providing consistent rental income streams. Further enhancing its appeal are 15 boat storage units of varying sizes: six measuring 33x11 feet, nine measuring 29x11 feet, and two measuring 20x14x16 feet. Residents and guests can enjoy a private dock with a swim platform, a playground, outdoor games such as cornhole and basketball, and a barn with a covered picnic area. The property offers beautiful seasonal lake views and is situated directly across from General Burnside Island, a prime location for golfing, fishing, and boating enthusiasts. This turnkey operation is priced at $1,550,000 and presents a compelling investment opportunity with significant potential for growth and profitability. For detailed information and additional photos, please visit www.cumberlandcovecottages.com.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Burnside
- County
- Pulaski
- State
- Kentucky
- Longitude
- -84.59575
- Latitude
- 36.9666
