Cumberland Falls Resort | 11251 Highway 90
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Cumberland Falls Resort 11251 Highway 90
50 Room Hotel Parkers Lake, KY 42634 £1,838,758 (£36,775/Room)
Investment Highlights
- Next to the Famous Cumberland Falls
- 41 site RV Camp. RV dump station
- Cave with a pure spring water outlet
Executive Summary
Cumberland falls resort is nestled in the heart of southeastern Kentucky's beautiful Daniel Boone National forest. It is adjacent to two treasured landmarks, the mighty Cumberland Falls and picturesque Eagle Falls. This site includes big south hiking trails (One start from the Hotel) with breathtaking scenery, horseback riding, whitewater rafting, Laurel river lake and historic steams, Kentucky. This property consist of approx. 28 acres of prime property located 3/4 mile from the beautiful Cumberland Falls. Consist of two cabins, one is 2,006 ft. and the other 1242 sq ft. Property boast a in ground pool, small barn, lake with wide mouth bass, bluegill and catfish. 50 rooms Hotel to be restored back. Shower house. 2 story unfinished cabin. 41 site RV Camp with utilities. RV dump station. Cave with a pure spring water outlet. 3 phase electric. upgraded sanitation waste facility with transferable permit. The possibilities are endless!! Brokers website: https://www.facebook.com/FernandoGambachRE/
Data Room Click Here to Access
- Market Information
Property Facts
| Price | £1,838,758 | Construction Status | Under Renovation |
| Price Per Room | £36,775 | Building Size | 30,795 SF |
| Sale Type | Investment | No. Rooms | 50 |
| Sale Conditions | Design & Build | Number of Floors | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1961/2024 |
| Property Subtype | Hotel | Parking Ratio | 5.23/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 28.23 AC | Cross Streets | U.S. 25 |
| Price | £1,838,758 |
| Price Per Room | £36,775 |
| Sale Type | Investment |
| Sale Conditions | Design & Build |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 28.23 AC |
| Construction Status | Under Renovation |
| Building Size | 30,795 SF |
| No. Rooms | 50 |
| Number of Floors | 2 |
| Year Built/Renovated | 1961/2024 |
| Parking Ratio | 5.23/1,000 SF |
| Corridor | Exterior |
| Cross Streets | U.S. 25 |
Amenities
- Restaurant
- High Speed Internet Access
- Public Access Wi-Fi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 2 | £93.89 | - |
| Guest Room | 48 | £58.68 | - |
PROPERTY TAXES
| Parcel Number | 183-00-00-003.00 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £547,715 |
PROPERTY TAXES
Parcel Number
183-00-00-003.00
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£547,715
zoning
| Zoning Code | OPEN (THIS PROPERTY IS LITERALY AVAILABLE ON ALMOST ANY USE PROPOSED) |
| OPEN (THIS PROPERTY IS LITERALY AVAILABLE ON ALMOST ANY USE PROPOSED) |
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Cumberland Falls Resort | 11251 Highway 90
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