3.90 acres in East Carroll Parish, Louisiana

3.90 acres in East Carroll Parish, Louisiana

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$775,000 4 Acres - Lake Providence, Louisiana
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Property Description

Investors here is an opportunity at a gem in East Carroll Parish, LA. Economy Inn of Lake Providence Inc. is for sale. This 24-unit motel has a 14% ROI which will make anyone happy. There is also room for 8 more units to be built, more RV hookups, or storage units. Located on Hwy 65 south of Lake Providence makes for excellent access for business clients, truckers, recreational travelers, and just people traveling north or south on Hwy 65. Huge concrete parking lot offers plenty of parking for truckers and 18 wheelers. Come take a look.

Access - 9634 Hwy 65

Flood Tendencies - None

Improvements - 24 units that are 2 bed 1 bath. 6 trailer RV hookups: 20-amp, 30 amp, and 50 amp. 3BR/ 1BA apartment, 1 shed, 65-75% occupancy, 18-wheeler parking close to truckstop, security cameras, and additional room for expanding the motel, RV, or adding storage units.

Listing Agent - Tracey Weems

Property Details

  • Price: $775,000
  • Acres: 4
  • City: Lake Providence
  • State: Louisiana
  • Parish: East Carroll
  • Zipcode: 71254
  • Status: Available

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