Lucrative investment opportunity for sale in the heart of Grand Rivers, KY. The Outpost offers Western-themed nightly rental cabins, minutes to LBL & conveniently situated between Lake Barkley and Kentucky Lake. Comprising 5 cabins and 1 office, broken down to include 3 with 1 bed, 1 bath, hot tub, patio, and gas grill, one with 1 bed, 1 bath, no hot tub, and one ADA-compliant with 1 bed, 1 bath. Every cabin features front porch seating, a queen bed, fridge, freezer, shower, heating/air conditioning and more. Cap rate exceeding 11%, a proven business model, inclusive naming rights and website/bookings transfer, and approved Phase 2 plans for 5 more cabins, plus golf cart included,this investment promises immediate returns and future growth
Grand Rivers is located in Kentucky. Grand Rivers, Kentucky has a population of 347. Grand Rivers is less family-centric than the surrounding county with 14.04% of the households containing married families with children. The county average for households married with children is 22.3%.
The median household income in Grand Rivers, Kentucky is $59,063. The median household income for the surrounding county is $43,472 compared to the national median of $57,652. The median age of people living in Grand Rivers is 60.9 years.
The average high temperature in July is 92.5 degrees, with an average low temperature in January of 27.8 degrees. The average rainfall is approximately 50 inches per year, with 7 inches of snow per year.