The Rivers Retreat - Own a Piece of History!

Special Purpose for Sale
Catylist Listing ID: 30419193
Property Subtypes: Assembly/Meeting Place, School/University, Sports/Entertainment, Other
Building Size (RSF): 18,000 SF
Gross Land Area: 12.25 Acres
Sale Price: $1,685,911
Property Use Type: Vacant/Owner-User
Usable Size (USF): 18,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/21/2019

Overview / Comments

The Rivers Retreat. This turnkey property is a perfect owner-user/occupier with potential income generation and rental history. Includes 12 newly remodeled, fully furnished cabins. Dining hall features dining room with seating for 100, new kitchen appliances and is fully outfitted with cookware and dishes. Conference/meeting room has seating, bar, pull-down screen, TV monitor and more. Two historic outdoor screened pavilions plus laundry facilities. Toy room and full-size workshop. Junior Olympic pool with cabana plus tennis court.

Thirteen park-like acres set on the banks of the Little Tchefuncte’s River’s white sand beach. All toys and equipment included. Retreat is minutes from historic downtown Covington, museums, shopping and dining. Forty-five minutes to downtown New Orleans! Bring your family and enjoy. Please allow a minimum of 1-1/2 hours for full showing.

Please see complete photos here: https://www.dropbox.com/sh/dmfgqwrk47xrkfi/AACfAJ76fQBlZoH-JrHUmAYMa?dl=0

Please see drone video here: https://www.dropbox.com/s/1gfcwzjel9pejk7/Rivers%20Retreat%20Center%20Drone%20Video.mp4?dl=0

Additional Details

Nearest MSA: New Orleans-Metairie
County: Saint Tammany
Submarket Type: Suburban
Tax ID/APN: 61643
Zoning: CB - COMMUNITY BASED FACILITIES DISTRICT
Property Located Between: Fitzsimons Road, Louisiana Ave., Pruden Road
Property Visibility: Good
Largest Nearby Street: Fitzsimons Road
Highway Access: Highway 190, Highway 1077
Airports: MSY, Hammond Northshore Regional, New Orleans Lakefront Regional Airport
Site Description: Property is situated off Highway 190 heading toward Goodbee from Covington. About 6 miles from downtown Covington.
Area Description: Property is situated off Highway 190 heading toward Goodbee from Covington. About 6 miles from downtown Covington. Directions: I-12 exit Hwy 1077 North to Hwy 190, take right onto 190 and head North, after crossing Tchefucte River property on left or west side.
Total Number of Buildings: 20
Property Condition: Excellent
Year Built: 1908
Year Renovated: 2016
Zoning Description: CB-I - Community Based Facilities District
Water Service: Well
Sewer Type: Septic
Legal Description: 12.85 acres in S26, T6, R10

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 13,230 31,081
Median Age: 37.91 39.4
Households: 4,822 11,669

Contact

Photograph of Listing Agent

Lizby M Eustis

Keller Williams Realty Services Mandeville, LA 70471
LACDB Member
Photograph of Listing Agent

Polly Eagan

Keller Williams Realty 455-0100 Mandeville, LA 70471
LACDB Member
Photograph of Listing Agent

Brent Cordell

Keller Williams Realty Mandeville, LA 70471
LACDB Member
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