9530 W FM 515 - Residential Income FOR SALE


Alba, TX 75410
$449,900 USD
817-239-0707
9530 W FM 515, Alba, TX for Sale
$449,900 USD
Residential Income - FOR SALE
1/49
null | 14.73% Cap Rate

9530 W FM 515
Alba, TX 75410


HIGHLIGHTS

  • Celebrated as one of the top accommodations at World Famous Lake Fork with over 20 years of clientele
  • Well maintained turnkey motel
  • Covered Boat Parking
  • Close to public boat ramps, stores, and restaurants

OVERVIEW

Welcome to The Burnin Stump Lodge, a well maintained turnkey motel located at world famous Lake Fork. Celebrated as one of the top accommodations at Lake Fork, it is ideal for anglers, weekend travelers, or anyone in search of a peaceful retreat. This 10-room lodge offers guests comfort and convenience. Each room is thoughtfully furnished with two queen-size beds, a full-size shower, its own water heater, a 42-inch flat-screen TV, refrigerator, microwave, coffee maker, and a desk-work area. All rooms are non-smoking, ensuring a fresh and inviting atmosphere for every guest. Guests also benefit from covered parking directly in front of each unit, simplifying arrivals and departures while providing protection from the weather. The property features a laundry room and a dedicated office space, ensuring organized and efficient operations. Located just around the corner from a public boat ramp, multiple bait & tackle stores, and local restaurants. If you're looking for a rewarding hospitality business near one of the country's premier fishing lakes, the Burnin Stump Lodge is a rare gem with limitless potential. Book your private showing today! Owner-operated and this business does require someone to be on-site daily. Listing agent is co-owner and must be present for showings.

FOR SALE DETAILS

PRICE

$449,900 USD

PRICE/SF

$138 USD /SF

CAP RATE

14.73%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.89 AC

LAND SF

82,407 SF

ZONING

Commercial

APN/PARCEL ID

R105107

ASK ABOUT THIS PROPERTY

Lisa DavisFathom Realty, LLCMore Info
817-239-0707

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Lisa DavisFathom Realty, LLCMore Info
817-239-0707

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