469 James rd - Hospitality FOR SALE


Avinger, TX 75630
$2,750,000 USD
254-855-6430
469 James rd, Avinger, TX for Sale
$2,750,000 USD
Hospitality - FOR SALE
1/3
null | 7% Cap Rate

469 James rd
Avinger, TX 75630


HIGHLIGHTS

  • Operational Marina
  • Gas pump on water
  • 30+ RV Sites

OVERVIEW

Travis Turner, Broker of Turn Key Property Group is pleased to introduce exclusively for sale Marina and RV Park on Lake O' Pines. This is a USACE lake and sale subject to lease transfer to qualified buyers. Property is newly renovated and ready for new ownership. Current management in place lives on-site and willing to stay for new owners. Current ownership is hands off. Situated on 8 acres, it has additional room of expansion if desired. Some of the amenities include: 30 RV sites--30/50 Amp 110+ boat slips(waiting list) Boat Ramp 8 cabins 100X80 shop with inventory 24 Hr. Laundry Facility 24 Hr. Restrooms & Showers Confidential in nature, call broker for more information and NDA to execute prior to release of business name and/or financials. Showings by appointment only. This is an active business, DO NOT DISTURB. Information deemed reliable but not guaranteed by listing broker. Buyer is responsible for his or her own diligence. Listing broker cannot warrant the complete accuracy thereof subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. Turn Key property group and its affiliates do not assume any legal liability for the accuracy of the enclosed information regarding subject listing. Email listing broker to obtain more information. Travis Turner, Broker 254-855-6430

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$510 USD /SF

# OF ROOMS

8

PRICE/ROOM

$343,750 {currency}

CAP RATE

7%

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Marina and RV Park on LAKE O' PINES

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1990

PARKING SPACES

18

LAND DETAILS

LAND ACRES

6.32 AC

LAND SF

275,171 SF

ZONING

-

APN/PARCEL ID

10356,13238,13244,13245

ASK ABOUT THIS PROPERTY

Travis TurnerTravis TurnerMore Info
254-855-6430

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Travis TurnerTravis TurnerMore Info
254-855-6430

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.