262-812-6420
507 County Road 1550, Alba, TX for Sale
Multi-Family - FOR SALE
1/23

507 County Road 1550
Alba, TX 75410


OVERVIEW

JTACR Real Estate Group is pleased to exclusively present Mustang RV Resort & Boat Storage: a 220-unit (150 pads, 60 enclosed boat storage stalls, and 10 hotel rooms) resort community on one of the western side peninsulas of Lake Fork. With 133 of the sites sitting on the lakefront, this resort offers its customers not only a highly desirable location, but also a scenic, safe, and community-centric site for their lake visits. Current ownership operates this resort in a very hands-on manner, and the result is a beautifully maintained, one-of-a-kind community. Operations have meticulous detail to customer interactions, up selling to community needs, and thorough maintenance and improvements to the infrastructure of the community. The community has two full time staff, one of which would be open to staying on for a short period. Mustang Resort is a preferred location for international bass fisherman travelers due to the ideal location, convenient boat ramps, store offerings, parking solutions, and short term stay options. Additional amenities that are offered to customers include various RV site options, park model rentals, hotel room options, Wi-Fi throughout, boat ramps, deck construction options, lawn care, a store, tackle & bait sales, boat storage, and much more. This opportunity presents investors with a Rare opportunity to own a lake front business and leaves vast amounts of opportunities for value add in expansion options and operational improvements.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

220

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mustang Resort

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

PARKING SPACES

-

LAND DETAILS

LAND ACRES

33.36 AC

LAND SF

1,453,162 SF

ZONING

NA

APN/PARCEL ID

-

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 Notice.