The Pickled Pelican

Hospitality for Sale
Catylist Listing ID: 30819879
Property Subtypes: Hotel, Motel, Resort, Vacation Rental(s)
Number of Units: 13 Units
Building Size (RSF): See Agent
Gross Building Area: See Agent
Sale Price: $1,750,000
Unit Price: $134,615.38 Per Unit
Property Use Type: Investment, Business
Name of Establishment: The Pickled Pelican
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/28/2022

Overview / Comments

One-of-a-kind business opportunity! Beautiful Gulf Front property and income producing RV Park! Features a beautiful 3-bedroom 4 bath Beach House and 12 RV spots. All RV spots are on large cement pads with plenty of room for parking large RVs. There are 8 beachfront back in/pull in and 4 pull-through RV spots with beautiful metal roof pergolas, picnic table and lighting, grill and full hookups. Owner has also purchased the last available lots on the east end and has completed the Corps of Engineers permitting process to add up to 8 more RV spots. There will never be anything built in front of this property. Outstanding Beach House and RV Resort! The Pickled Pelican Beach House was named one of the top getaway spots in Louisiana! The RV Spots and Beach House have been booked all season long! The Beach House has private baths for each bedroom and also outside entry into each bedroom. Tastefully decorated for a wonderful getaway with all the amenities for guests! Would make a perfect Air B-N-B or VRBO rental in this area as nightly rates would produce great income as well or use the home as a base for just the RV Park business. Fantastic Deck to enjoy the Gulf views and beautiful Sunsets! This would be the perfect income producing retirement spot. Entire property (48 lots) is being sold for value of the property only, this property could easily be paying for itself very quickly. All Laura repairs have been completed on the inside of the beach house and to the RV spots, some minor items downstairs of the house such as the 5th bathroom and storage shed may be completed at time of sale.

Attachments & Media

Financials

Finance Data Year 2022
Gross Operating Income $125,000 (Annual)

Additional Details

Nearest MSA: Lake Charles
County: Cameron
Taxing Authority: Cameron Parish
Tax ID/APN: 0501068832
Retail Clientele: Family, Traveler, Tourist, Recreation
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 2
Water Recreation: Water Slide
Parking Type: Surface
Passenger Elevators: 1
In Flood Plain?: Yes
Water Service: Municipal
Sewer Type: Septic

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Contact

Photograph of Listing Agent

Tim Castle

Castle Real Estate, Inc. Lake Charles, LA 70605
LACDB Member
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