275 Rays Camp Rd, Coushatta, LA 71019

3,800 SF Specialty Building Offered at $194,900 at a 6% Cap Rate in Coushatta, LA 71019

Asking Price $194,900

Property Type: Specialty
Square Feet: 3,800 SF
Price / Square Foot: $51

Listing Contacts

Steven Mabry

Verified Profile

Property Info

Property Overview

Once hoppin' Ray's Camp Marina on Grand Bayou Reservoir. Could easily be hoppin' again w good mgmt. 7 concrete camper & RV pads, extra wide boat launch w pier on both sides of launch. 4 stall covered boat house w storage room attached ($40k value). Avg daily rate for other lakeside camps in NWLA is $28 per day & $425 per mo. Gross annual income at 45% occupancy is $32,193. $64,386 at 90% occupancy. NOT include boat stall fees. Launch comes w collection box currently charging $5 per launch. Current annual boat launch income is $12,775 based on avg of 7 users per day. Could be much, much more if store is reopened. Marina store is still there but needs work. Available for purchase as one property (owner will subdivide prior to closing) or can be purchased with another 2.05 acres & home adjacent to the W & another 2.5 acres adjacent to W of the home. See MLS IDs 20477132 & 20479579 for other 2 available properties & photo showing proposed division. Well, municipal water & septic installed.

Property Details

Year Built: 1980
Stories: 1
Lot Size (sq. ft): 1,035,421 SF

Highlights

Great Opportunity to Revise a Camp Marina.
Located on the Grand Bayou Reservoir.
Opportunity to Purchase Additional 2 Acres.

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