814 Euel Moore Dr - Hospitality FOR SALE


Kingsland, TX 78639
$5,950,000 USD
325-388-4418
814 Euel Moore Dr, Kingsland, TX for Sale
$5,950,000 USD
Hospitality - FOR SALE
1/16
null | Request Cap Rate

814 Euel Moore Dr
Kingsland, TX 78639


HIGHLIGHTS

  • Vibrant, growing vacation destination community on constant-level lake.
  • Located in an unincorporated area with municipal utilities.
  • The site offers proximity to Austin, San Antonio, Midland/Odessa, D/FW
  • Operation possibilities include boutique hotel, marina/ sport club, event venue, luxury RV spots, glamping or retirement village

OVERVIEW

Valentine Lakeside is a great hospitality opportunity on constant-level Lake LBJ, the jewel of the Highland Lakes in Central Texas. SO many options! Refurbish or replace existing units. Add additional revenue streams through expandable marina, event venue, retail/restaurant and marina store. There is 250-feet of waterfront on booming vacation-destination lake, and the site is 90 minutes from Austin and San Antonio. The subject is unincorporated area with no restrictions, but with municipal water and sewer and affordable electric cooperative. The property has a 70-year history of serving vacationing families on Lake LBJ, including a loyal following on social media and email subscriptions. There is Opportunity Zone designation, the potential for owner financing, and an existing 22,000-gallon heart-shaped pool (resurfaced in 2021). 814 Euel Moore Drive offers a central location in Kingsland near restaurants, entertainment, shopping. There is revenue potential from existing cabins and boat lift inventory during the development phase. The entire 250-feet of waterfront is in Lot B-1. The marina permit will convey to B-1, which is 3.484 acres, and D-1 is 0.466 acres, for a total of 3.950 acres. Lot D-1 may be available depending on proposed land use.

FOR SALE DETAILS

PRICE

$5,950,000 USD

PRICE/SF

$427 USD /SF

# OF ROOMS

21

PRICE/ROOM

$283,333 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Valentine Lakeside

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1955

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.75 AC

LAND SF

119,790 SF

ZONING

Commercial

APN/PARCEL ID

5267

ASK ABOUT THIS PROPERTY

Pat MullerValentine Lakeside ResortMore Info
325-388-4418

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Pat MullerValentine Lakeside ResortMore Info
325-388-4418

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