322 Cheeks Rd, West Monroe, LA 71292

For Sale: Current Appraisals on file. Listed below appraisal. Pre Qualified Buyers only. Pre Qualification letter required for showings. Currently being used as a residence as well as in the process of being converted to a AirBnB, Event Center and Venue. "Elevated BNB & Events, LLC''. AirBnB will accommodate occupancy of 10 - 12 people comfortably. Shop area is 35 x 80 with four insulated garage doors. Plenty of room for truck and trailer parking for events at the Ike, Race Tracks, Fishing Tournaments, or Travel / Ball Teams. About This Property: Come and see this one of a kind beautiful property with so much to offer. This investment property has high ceilings, 8 ft doors, crown and base molding, stained cabinets, granite countertops, a master suite with an exquisite shower and wet room. One mile from 1-20. Features: - 2,200 square ft of living area / Office Space - 4 bed rooms / Offices - 4 bathrooms - 35 x 80 shop area w/ 4 garage doors - 5,000 Square ft. total heated and cooled Tentative Income Air BNB income estimated to be on average $550 per night, with monthly vacancy rate of 35 %, results in a monthly income of $11,000 per month ($132,000 per year) The property is versatile and could be used in conjunction with its function as a Air BNB as a special event venue such as, Family Reunions, Pre Wedding Events, Wedding Receptions, Prom & Graduation Parties, Corporate Events / Meetings, Baby Showers, Bridal Showers, Holiday Parties, Baseball / Football Parties, Church Events / Retreats. (25) 3 hour events per year @ $450 minimum per event = $11,250 per year ($937.00 per month) (25) 6 hour events per year @ $650 minimum per event = $16,250 per year ($1,354.00 per month) (20) Private / Corporate semi-staged / staged events per year @ average of $1,500 - $1,750 minimum per event = $30,000 - $35,00 per year ($2,500 - $2,916 per month ) Tentative Total Incomes $15,791 - $16,208 per month / $189,500 - $194,500 per year Additional adjacent 40 x 60 building and 0.75 acres also available to purchase, could be used for storage or rental building. Bringing in a additional $2,000 per month or $24,000 annually. Income not figured in above values; this would be in addition to the above income. Details, pictures, appraisal, pricing available upon request. Owner agent