16851 State Highway 155 N - Marinas FOR SALE


Ore City, TX 75683
$2,700,000 USD
254-855-6430
16851 State Highway 155 N, Ore City, TX for Sale
$2,700,000 USD
Marinas - FOR SALE
1/22
null | 7.22% Cap Rate

16851 State Highway 155 N
Ore City, TX 75683


OVERVIEW

Travis Turner, Broker of Turn Key Property Group is pleased to introduce exclusively for sale Lake O' Pines RV Park, Inn & Marina. This operational RV Park, Marina and Inn is one of the finest Lake O' Pines has to offer! Current management in place and willing to stay for new owners. Current ownership is hands off. This park has additional room of expansion if desired. Value add potential here!!! Some of the amenities include: 30 +/- Full hook up RV Sites--30 & 50 amp 7 room motel 8 cabins 6 covered docks and 6 boat slips Boat ramp 1000+sqft office with restroom facilities & baitshop Aerobic septic City water and well multiple backup generators for loss of power situations pool & Lounge area Propane sales on-site for additional revenue Seller has redone every inch of this property from top to bottom and being presented for sale in great condition. Confidential in nature, call broker for more information and to NDA execute prior to showing appointment confirmation! Showings by appointment only. This is an active business, DO NOT DISTURB or contact management without listing broker approval. Property is combination of deeded land and shoreline USACE army corp lease. Lease subject to transfer for qualified prospects ONLY. 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. Financing options include: Cash, conventional, new loan, private money. Travis Turner, Broker 254-855-6430

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$1,004 USD /SF

CAP RATE

7.22%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Lake O' The Pines RV Marina & Inn

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Marinas

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

11.14 AC

LAND SF

485,258 SF

ZONING

none

APN/PARCEL ID

47283

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 Notice.