2386 Colleen Dr - Hospitality FOR SALE


Canyon Lake, TX 78133- Hill Country
$2,500,000 USD
210-264-2087
2386 Colleen Dr, Canyon Lake, TX for Sale
$2,500,000 USD
Hospitality - FOR SALE
1/44
null | Request Cap Rate

2386 Colleen Dr
Canyon Lake, TX 78133
Hill Country


HIGHLIGHTS

  • Canyon Lake's Premier 17 Room Waterfront Lodge with Full Commercial Kitchen & Banquet Hall
  • Located at Boat Ramp #2 with exceptional bluff and water views
  • Great upside for Wedding Venue, Mini Resort, Retreat Center, Hill Country Summer Camp or continued Lodging
  • Prime location for Corporate events, Catering Operations, Music Venues
  • Excellent candidate for a 1031 Exchange *Seller Financing Available*

OVERVIEW

Now available: The Lodge at Turkey Cove, Canyon Lake's premier 17-room waterfront lodge, is ready for a new owner. This exceptional investment opportunity, located adjacent to Turkey Cove Boat Ramp #2, has been owner-operated for the past 18 years. This legacy property offers unbeatable visibility, high traffic, and breathtaking lake views, making it ideal for a wide range of hospitality or commercial uses. The lodge features tastefully decorated, fully furnished guest rooms and includes a spacious event hall connected to a fully equipped commercial kitchen-perfect for weddings, corporate events, music venues, or catering operations. Outdoor amenities include ample parking, a large covered patio, multiple decks, picnic areas, and BBQ pits, providing an inviting space for guests to relax and enjoy the scenic surroundings. Visitors are often greeted by deer roaming freely throughout the property, adding a charming Hill Country touch. The property also includes an RV hookup and is surrounded by a mix of mid-range to luxury residential homes, enhancing its appeal for various development opportunities. Whether envisioned as a wedding venue, bed and breakfast, mini resort, winery, retreat center, or even a Hill Country Summer Camp, this turn-key lodge offers incredible versatility and upside potential. It's also an excellent candidate for a 1031 Exchange. Seller finance Option available.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$292 USD /SF

# OF ROOMS

16

PRICE/ROOM

$156,250 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Lodge at Turkey Cove

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1972

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,204 SF

ZONING

C-1

APN/PARCEL ID

13-0335-0285-00

ASK ABOUT THIS PROPERTY

Patricia Chavez , CCIMKeller Williams RealtyMore Info
210-264-2087

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

Patricia Chavez , CCIMKeller Williams RealtyMore Info
210-264-2087

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