$595,000

826 Cr 1987

Yantis TX, 75497

Description

Step into an exceptional Commercial opportunity on Lake Forkwhere a foundation for an exceptional future is already in place, just waiting for you! This well-established RV Park covers 1 deeded acre plus 9.5 leaseback acres. The 12-room motel annual occupancy is low thus has the greatest potential to increase and maximize monthly income. Currently there are 53 RV slots with room for more along the 1200+ shoreline. The 500 well supplies water for RVs, motel, office, managers home and keeps the grounds looking nice, a huge savings! All will appreciate the convenience of 2 boat ramps, 28 12x30 boat storage units, bait house and 12 covered boat slips! The large bunkhouse is ideal for sleeping groups up to as many as 12. It has been profitable each year with little advertising, so establishing a strong marketing plan will be invaluable and surely successful in growing this business. It is worth your time to view this tremendous opportunity to expand and enhance this terrific property!

Details

MLS#10098181
StyleHospitality
Sub-TypeResale
StatusActive
Year1991
Days On Site469

Features

Story(s)1
ZoningCommercial

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Area Information

StateTX
CountyWood
CityYantis
Zip Code75497
AreaWood
Listing VS Median (in 75497)
Price:
$595,000
low | high
Med:
$107,000
100% of Average
On Site:
469
low | high
Med:
215
100% of Average
Listing Updated: 11/14/2019
MLS Number: 10098181
Listing Provided By:
Paul Tibbets  of  Signature Properties LLC
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Greater Tyler Association of REALTORS®.
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