3035 TX-154 - Marinas FOR SALE


Quitman, TX 75783
$2,495,000 USD
262-812-6420
3035 TX-154, Quitman, TX for Sale
$2,495,000 USD
Marinas - FOR SALE
1/12

3035 TX-154
Quitman, TX 75783


HIGHLIGHTS

  • consists of 32 RV sites; a 36 room motel and lodge; a cabin rental; a recently upgraded, and a full-service gas station.
  • Contains a convenience store with deli food; a bait & tackle shop; a boat ramp and fishing dock; a non-operated, and a dock side gas pump.
  • Also has a fully equipped kitchen for a restaurant; a propane filling station; and much more.
  • Located directly off Highway 154 with 5,000 cars passing through daily.
  • Situated on Lake Fork, one of the premier trophy Bass fishing lakes in the world.
  • On site WWTP & public water.

OVERVIEW

*PRICE IMPROVEMENT and MOTIVATED SELLER* JTACR Real Estate Group is pleased to present this lakefront Marina –The Only property offering this extent of amenities on Lake Fork. The property consists of 32 RV sites; a 36 room motel and lodge; a cabin rental; a recently upgraded, full-service gas station; a convenience store with deli food; a bait & tackle shop; a boat ramp and fishing dock; a non-operated, dock side gas pump; a fully equipped kitchen for a restaurant; a propane filling station; and much more. The property is located directly off Highway 154 with 5,000 cars passing through daily. Additionally, the property is situated on Lake Fork, one of the premier trophy Bass fishing lakes in the world, bringing prize winning fishermen and tourism from all over the world. Current ownership has helped streamline the business while increasing revenue from multiple sources. Additional revenue opportunities can be found in improvements of the occupancy; improving the Wi-fi offering to charge customers for usage; implementation of roadside advertisements such as the billboard and business signage; repairing the dock side gas pump; obtaining a WWTP operator's license; entering into a gas contract; and more operational improvements. For a strong and serious buyer, the Seller is open to separation of the businesses (to include / exclude certain components) based on the SRA approvals. **ALL SITE VISITS ARE BY APPOINTMENT ONLY** ** PLEASE DO NOT VISIT THE PROPERTY WITHOUT APPROVAL**

FOR SALE DETAILS

PRICE

$2,495,000 USD

CAP RATE

10.88%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lakefront Marina, Motel, RV Park, Gas Station

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Marinas

ADD'L SUBTYPES

Trailer/Camper Park

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.5 AC

LAND SF

283,140 SF

ZONING

-

APN/PARCEL ID

R17395

ASK ABOUT THIS PROPERTY

Carrie SiegerJTACR Real Estate GroupMore Info
262-812-6420

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Carrie SiegerJTACR Real Estate GroupMore Info
262-812-6420

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