7.5 acres in East Carroll Parish, Louisiana

7.5 acres in East Carroll Parish, Louisiana

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$1,400,000 8 Acres - Lake Providence, Louisiana
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Property Description

Attention investors! A wonderful opportunity awaits you in East Carrol Parish - the Economy Inn, an adjoining store, RV hookups, and ample room for further development. This 24-unit motel boasts 175ft of Hwy 65 frontage, 6 rooms, a suite office, and a completely remodeled kitchen and bathroom. For guests' convenience, a covered outdoor recreational kitchen has also been added. The property has 3 entrances and lots of concrete for truckers and guests to use. Additionally, there is room for more development, such as adding more units, a store, additional RV hookups, storage units, or any other facility you may envision. The possibilities are endless! We invite you to come and take a look.

Access - 9634 Hwy 65

Flood Tendencies - None

Improvements - There are 24 units available with 2 bedrooms and 1 bathroom each. Additionally, there are 6 trailer RV hookups that offer 20-amp, 30-amp, and 50-amp electricity supply. The property also features a 3-bedroom and 1-bathroom apartment, a covered outdoor kitchen area, and a remodeled office suite. The motel has an occupancy rate of 65-75%, and there is ample parking space for 18-wheelers near a truck stop. Security cameras are installed for added safety. Furthermore, there is room for expansion if one wants to add more motel units, RV hookups, or storage units. A 3600+/- sq. ft. store is also available, which is currently being used for a catering business and embroidery shop. There is a 1200+/- sq. ft. metal building with a walk-in cooler, and a 1200 sq.ft metal building for storage to the back of the store.

Minerals: conveyed

Listing Agent - Tracey Weems

Property Details

  • Price: $1,400,000
  • Acres: 8
  • City: Lake Providence
  • State: Louisiana
  • Parish: East Carroll
  • Zipcode: 71254
  • Status: Available

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