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Little Lake Village Subdivision 4 Properties Offered at $2,850,000 in Grand Rivers, KY
Investment Highlights
- High tourism area
- Income producing property
- Development opportunity
- Lake water view
Executive Summary
Investors! This one’s for you. Located in the prime area of Grand Rivers, a 1/3 mile from Patti’s 1880s settlement, this property already brings in over $250,000 in yearly rental income, with exponential potential for growth. This subdivision offers over 3 acres divided into 22 buildable lots AND 3 operating short term rentals bringing in a steady rental income. Listed at $2,850,000, this is an amazing opportunity for any investor or developer. All of the homes are furnished to sleep 15 guests. STR 1 was built in 2021, STR 2 was built in 2017, and STR 3 was built in 2007.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $2,850,000 | Number of Properties | 4 |
| Price / SF | $639.01 / SF | Individually For Sale | 0 |
| Cap Rate | 8.77% | Total Building Size | 4,460 SF |
| Sale Type | Investment | Total Land Area | 3.67 AC |
| Status | Active |
| Price | $2,850,000 |
| Price / SF | $639.01 / SF |
| Cap Rate | 8.77% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 4,460 SF |
| Total Land Area | 3.67 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 000 Little Lake Village Dr, Grand Rivers, KY 42045 | Land | 3.15 AC | - | - |
| 142 Little Vlg lk, Grand Rivers, KY 42045 | Specialty | 1,504 SF | 2021 | - |
| 220 Little Lake Village dr, Grand Rivers, KY 42045 | Specialty | 1,500 SF | 2017 | - |
| 444 E Commerce Ave, Grand Rivers, KY 42045 | Specialty | 1,456 SF | 2007 | - |
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Little Lake Village Subdivision
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